Westinghouse Electric files confidential IPO registration with SEC

Westinghouse Electric Company has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission in connection with a proposed initial public offering of its common stock.

The nuclear technology and services supplier has not yet determined the number of shares to be offered or the price range for the proposed offering. The offering will be subject to market and other conditions, according to a press release statement.

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