Japanese newspapers have reported that Toshiba Corporation is interested in selling a 16 percent stake in U.S. nuclear power-plant company Westinghouse Electric Co. LLC as it looks to prioritize its nuclear business in emerging markets.
Toshiba currently holds 67 percent of Westinghouse and will look to sell the stake to nuclear technology companies that have strong links to emerging markets, the news report said.
Toshiba is possibly looking to partner with firms that possess reactor-related technologies to help it get overseas orders.
Toshiba currently holds 67 percent of Westinghouse and will look to sell the stake to nuclear technology companies that have strong links to emerging markets, the news report said.
Toshiba is possibly looking to partner with firms that possess reactor-related technologies to help it get overseas orders.
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