HOME > BUSINESS > Article

Text Size

small

medium

large


Toshiba Sells All Shares in Landis+Gyr Upon Listing

Toshiba Sells All Shares in Landis+Gyr Upon Listing

   Tokyo, July 21 (Jiji Press)--Japan's Toshiba Corp. <6502> has sold all of its 60 pct equity stake in Landis+Gyr for 161.7 billion yen upon the major Swiss power meter firm's listing on the SIX Swiss Exchange on Friday.
   The struggling electronics and machinery maker will log some 40 billion yen in profit from the sale for the year through March 2018.

To read a full story, please click here to find out how to subscribe.

HEADLINES

POLITICS
Japan Defense Minister Questioned by Ministry Investigators on S. Sudan Reports
ECONOMY
Toshiba to Book 40 Billion Yen in Capital Gains from Landis+Gyr Swiss IPO
SPORTS
Ichiro Remains Most Popular Athlete in Japan, Central Research Survey Shows
OTHER
Japan Govt to Consider Removing Expressway over Tokyo's Nihonbashi Bridge

AFP-JIJI PRESS NEWS JOURNAL


Photos