Toshiba agrees to sell Westinghouse assets, bolstering capital by $3.68b

Toshiba agrees to sell Westinghouse assets, bolstering capital by $3.68b

Signage for Toshiba Corp. displayed atop the company's headquarters is seen through a monorail train window in Tokyo, Japan, on Tuesday, March 28, 2017. Photographer: Kiyoshi Ota/Bloomberg

Toshiba Corp. has agreed to sell claims in its Westinghouse U.S. nuclear unit to bolster its capital by 410 billion yen ($3.68 billion) by March, helping it to erase negative shareholder equity and avoid being delisted.

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