Jan

Toshiba Agrees to Sell Westinghouse Assets, Boosting Capital

Sale to close this month, adding capital of 410 billion yen
Toshiba expects to resolve negative shareholder equity

Toshiba Corp. has agreed to sell claims in its Westinghouse U.S. nuclear unit to bolster its capital by 410 billion yen ($3.68 billion) by March, helping it to erase negative shareholder equity and avoid being delisted…

Categories : Commercial Real Estate

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Toshiba Agrees to Sell Westinghouse Assets, Boosting Capital

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