October 11, 2022
Weil is advising Brookfield Business Partners in its pending sale of Westinghouse Electric Company, a provider of mission critical technologies, products and services to the nuclear power industry, to a consortium led by Cameco Corporation and Brookfield Renewable Partners, in a transaction that implied a Westinghouse enterprise value of $8 billion. The transaction is expected to close in the second half of 2023, subject to customary closing conditions and regulatory approvals.
The Weil team advising Brookfield is led by Mergers & Acquisitions Head Michael Lubowitz and includes Mergers & Acquisitions counsel Claudia Lai and Mergers & Acquisitions associates Tanja Koivistoinen (Not Yet Admitted in New York), Emily Ross, Jeremiah Lee, Stephanie Peterson and Kevin Qiao. The team also includes Private Funds partners Andrew Chizzik and Lana Castor; Tax Head Joseph Pari; International Tax Head Devon Bodoh; Tax counsel Alfonso Dulcey; Executive Compensation & Benefits Head Paul Wessel; Executive Compensation & Benefits partner Amanda Rotkel; Executive Compensation & Benefits associates Amanda Nowak and Nate Gross (Not Yet Admitted in New York); Technology & IP Transactions partner Karen Ballack; Technology & IP Transactions/Privacy counsel Olivia Greer; Technology & IP Transactions associates Meggin Bednarczyk and Shannon Coffey; Banking and Finance partners Benton Lewis and Danek Freeman; Banking and Finance associates Dylan Scher, Claudia Stantzyk-Guzek, Michael Denton and Becky Lange; Real Estate Co-Head Phillip Rosen; Real Estate partner Jannelle Seales; Real Estate counsel Carolyn Stoner; Real Estate associates Leah Fayssoux and David Markovitz; Environmental Head Annemargaret Connolly; Regulatory Transactions partner Shawn Cooley; Regulatory Transactions counsel John O’Loughlin and Nathan Cunningham; Antitrust partners Jeff White and Niklas Maydell; Antitrust counsel Michael Naughton; Antitrust associates Jarui Wang, Nicholas Barnabo and Kathryn Graham; Litigation counsel Thomas Weatherill and Rebecca Sivitz; and Litigation associates Edward Dickinson and Sahar Merchant.