Thursday, March 2, 2017

Exclusive: Japan's Toshiba prepares Landis+Gyr sale to raise cash - sources

FRANKFURT/BERLIN/ZURICH (Reuters) - Japanese group Toshiba Corp is preparing a potential $2 billion divestment of smart meter group Landis+Gyr, hoping to rake in capital after a major writedown on its U.S. nuclear unit last month, three people familiar with the matter said.

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