International Edition

Friday

July, 1, 2016

Breaking News, World News and Taiwan News.
About Us
Subscribe
Advertise
Contact Us

Japan's Toshiba to boost stake in US nuclear power giant Westinghouse

TOKYO -- Japan's Toshiba said Wednesday it will boost its stake in U.S. atomic power-plant giant Westinghouse Electric as it eyes overseas deals after domestic demand fell away following last year's Fukushima disaster.

The firm said it would pay 125 billion yen (US$1.6 billion) for the 20-percent stake in Westinghouse owned by U.S.-based Shaw Group, lifting its holding to 87 percent.

It said the purchase would be financed through "immediately available cash and/or loans."

 

 

 

 

 

 

 

 

Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive our promos
 Respond to this email
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   Terms of Use  |   Sitemap
  chinapost search