BNFL finalises ABB deal
12 Jun 2000
BNFL's Westinghouse Electric Company has completed the acquisition of ABB's nuclear businesses, as reported in January in PE (p7). Under the terms of the agreement, BNFL will purchase ABB's worldwide nuclear businesses, which will include the company's strong presence in Asia, with operations in Seoul, South Korea and Beijing, China which include eight Korean pressurised water reactors, based on an ABB design. The company has confirmed that the ABB business will be integrated into and operated as part of Westinghouse.
