Toshiba considering sale of shares in Westinghouse

12/27/2012 | Wall Street Journal, The

Toshiba is in discussions with three parties about the sale of a portion of its shares in Westinghouse Electric, President Norio Sasaki said. The parties "have made very good offers," but Toshiba is "not in a hurry," he said. Six years ago, Toshiba spent $4.2 billion for a 77% stake in Westinghouse.

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