Westinghouse Electric, a nuclear technology and services supplier, has confidentially filed a draft registration statement with the Securities and Exchange Commission for a proposed initial public offering (IPO). The company is jointly owned by Brookfield Asset Management, which holds 51%, and Cameco, holding the remaining 49%. The number of shares and the price range for the offering are yet to be determined and are contingent on market conditions.

Westinghouse is utilizing the SEC's confidential IPO filing process