Toshiba Corp., the Japanese manufacturer of nuclear reactors, consumer electronics and home appliances, is in talks to sell a stake in its Westinghouse Electric atomic-power unit as industry growth slows.
The company is in discussions with three parties on a possible sale of as much as 16 percent in the business, Toru Ohara, a spokesman for Tokyo-based Toshiba, said today by telephone, confirming comments by President Norio Sasaki reported earlier by MarketWatch.
