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Westinghouse Said to Target Over $50 Billion Valuation in US IPO

Source: Bloomberg

IPOs & SPACsEnergy Markets & PricesInfrastructure & Defense

Westinghouse Electric, a nuclear-reactor technology provider, is seeking a valuation above $50 billion in a planned U.S. IPO, according to people familiar with the matter. The prospective listing would be a major capital-markets event for the nuclear-power supply chain and signals strong investor interest in nuclear infrastructure.

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