Toshiba buying back 10 percent stake in Westinghouse unit for $522 million
TOKYO (Reuters) – Japan’s Toshiba Corp <6502.T> said on Thursday it is buying back a 10 percent stake in Westinghouse Electric Co from minority shareholder Kazatomprom for 59 billion yen ($522 million), taking full ownership of the bankrupt U.S. unit. The move comes as Westinghouse is exploring selling itself, with a deal likely valuing it […]
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