KM Financial Solutions | Toshiba buying back 10 pct stake in Westinghouse unit for $522 mln
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Toshiba buying back 10 pct stake in Westinghouse unit for $522 mln

Toshiba buying back 10 pct stake in Westinghouse unit for $522 mln

TOKYO, Oct 3 (Reuters) – Japan’s Toshiba Corp 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.

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