Japan's struggling Toshiba logs $436 mn loss in first half
The loss was mainly due to the tax impact associated with the deal to sell the chip unit
Tokyo - Arab Today
Troubled Japanese conglomerate Toshiba said Thursday it logged a net loss of $436 million for the fiscal first half, as it moves to complete a multi-billion-dollar sale of its chip business to restore its balance sheet.
The Tokyo-based firm said the loss was mainly due to the tax impact associated with the deal to sell the chip unit to a consortium led by Bain Capital.
Source:AFP
- Wednesday ,20 September GMT 14:24 2017 Toshiba says sells chip unit to Bain Capital for around $18 bn
GMT 14:24 2017 Wednesday ,20 September
Toshiba says sells chip unit to Bain Capital for around $18 bnGMT 03:42 2017 Thursday ,10 August
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
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