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Toshiba reaches deal to help resolve Westinghouse bankruptcy

Retrieved on: 2018-01-17 14:56:15

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<div>Toshiba said in a statement that it would sell its claims against Westinghouse to a group of hedge funds led by the <b>Baupost Group</b>, and that the deal that would contribute about ¥410bn ($3.68bn) to its capital base. The deal, first reported by Reuters earlier in the day, will make the group of hedge funds ...</div>

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