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Toshiba completes sale of Westinghouse claims, replenishes finances

Retrieved on: 2018-01-22 12:07:30

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<div>The $2.16 billion sale, to a group of hedge funds led by the <b>Baupost Group</b>, will also come with tax benefits and improves Toshiba's balance sheet by about 410 billion yen ($3.7 billion). Liabilities at Westinghouse plunged Toshiba into crisis last year, and the beleaguered Japanese firm put up its prized ...</div>

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