Jan 4 (Reuters) - Brookfield Business Partners Lp BBU_u.TO :
* BROOKFIELD BUSINESS PARTNERS TO ACQUIRE WESTINGHOUSE ELECTRIC COMPANY
* BROOKFIELD BUSINESS PARTNERS TO ACQUIRE WESTINGHOUSE ELECTRIC COMPANY
* BROOKFIELD BUSINESS PARTNERS LP - DEAL FOR APPROXIMATELY $4.6 BILLION
* BROOKFIELD BUSINESS PARTNERS - DEAL EXPECTED TO BE FUNDED WITH ABOUT $1 BILLION OF EQUITY, APPROXIMATELY $3 BILLION OF LONG-TERM DEBT FINANCING, AMONG OTHERS
* BROOKFIELD BUSINESS PARTNERS - CO WILL COMMIT TO FUND APPROXIMATELY 50 PERCENT OF EQUITY ON CLOSING USING EXISTING LIQUIDITY
* BROOKFIELD BUSINESS PARTNERS LP - ENTERED AGREEMENT TO ACQUIRE 100% OF WESTINGHOUSE ELECTRIC COMPANY, CURRENTLY OWNED BY TOSHIBA CORP
* BROOKFIELD BUSINESS PARTNERS - PRIOR TO/FOLLOWING DEAL, PART OF CO'S INVESTMENT MAY BE SYNDICATED TO OTHER INSTITUTIONAL INVESTORS