Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, April 13, 2017

Toshiba Can’t Shake Its Westinghouse Woes

Posted: 12 Apr 2017 07:00 PM PDT
In a widely-expected move, Toshiba’s troubled nuclear construction business Westinghouse filed for Chapter 11 bankruptcy protection at the end of last month. Now the company is up for sale, after it cost Toshiba some $6.3 billion in asset write-downs, triggering a net overall loss estimated at $9.1 billion for 2016. The post, Toshiba Can’t Shake […] The post Toshiba Can’t Shake Its Westinghouse Woes appeared first on The Energy Collective.http://www.theenergycollective.com/staffjam/2402292/toshiba-cant-shake-westinghouse-woes?utm_source=feedburner&utm_medium=email&utm_campaign=The+Energy+Collective+%28all+posts%29

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