BWXT Selling Medical Business to Nordic Capital in Transaction Valued at up to $800 Million
BWXT entered into a definitive agreement to sell its medical business, including BWXT Medical and the Kinectrics medical isotopes unit, to Nordic Capital for up to $800 million. The company will retain a minority ownership stake in the divested business, allowing it to focus resources on its core nuclear national security and commercial nuclear power markets.
Key figures
- Deal Value Usd
- 800000000
- Retain minority stake
- Yes
AI analysis
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