Delaware top court rules for Chicago Bridge in Westinghouse dispute [Reuters]
CHICAGO BRDGE & IRON (CBI)
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Source: Reuters
Delaware top court rules for Chicago Bridge in Westinghouse dispute WILMINGTON, Del, June 27 The Delaware SupremeCourt ruled in favor of Chicago Bridge & Iron Co onTuesday in its in $2 billion dispute with Westinghouse ElectricCo that stems from cost overruns at a pair of unfinished U.S.nuclear power plants. The two companies have been sparring over a 2015 deal inwhich Westinghouse, a unit of Japan's Toshiba Corp,bought the nuclear construction business of Chicago Bridge butlater sought an adjustment to the closing deal price.(Reporting by Tom Hals in Wilmington, Delaware; Editing byBernard Orr)
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