TOSHIBA SELLS WESTINGHOUSE
WNN - Toshiba Corporation is to sell its claims against Westinghouse Electric Company and Brookfield - which is buying the Westinghouse-related shares that it holds - to Nucleus Acquisition. The Japanese company said it has entered into an assignment and purchase agreement with Nucleus and a share purchase agreement with Brookfield.
Westinghouse filed for Chapter 11 bankruptcy protection with US courts in March 2017 to enable it to undergo strategic restructuring. The company's bankruptcy filing affected only its US operations, including…
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