toshibas us nuclear unit westinghouse files for bankruptcy protection
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Toshiba's US nuclear unit Westinghouse files for bankruptcy protection

Arab Today, arab today

Arab Today, arab today Toshiba's US nuclear unit Westinghouse files for bankruptcy protection

Toshiba
Tokyo - AFP

 Toshiba's loss-hit US nuclear unit Westinghouse Electric has filed for bankruptcy protection, the companies said Wednesday, as the troubled division wrestles with multi-billion-losses and accounting fraud claims.

The Japanese conglomerate's board earlier in the day gave Westinghouse the green light to make a Chapter 11 filing in a US court, which temporarily shelters struggling firms as they try to restructure their affairs and outstanding debts.


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toshibas us nuclear unit westinghouse files for bankruptcy protection toshibas us nuclear unit westinghouse files for bankruptcy protection

 



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toshibas us nuclear unit westinghouse files for bankruptcy protection toshibas us nuclear unit westinghouse files for bankruptcy protection

 



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