Toshiba Hires JPMorgan to Weigh Westinghouse Sale, Express Says
By -
Jul 15, 2012
Toshiba Corp. (6502) hired JPMorgan Chase & Co. (JPM) to study a potential sale of a 49 percent stake in nuclear- plant designer Westinghouse Electric Corp., the Sunday Express reported, without saying where it got the information.
Toshiba bought Westinghouse from British Nuclear Fuels Plc for almost $3 billion in 2006, the newspaper said.
To contact the reporter on this story: Maria Kolesnikova in London at mkolesnikova@bloomberg.net
To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net