Toshiba ready to file for Westinghouse bankruptcy

Toshiba, the Japanese company is planning for its subsidiary Westinghouse Electric Co to file for bankruptcy on March 31, as Reuters reports.

"Toshiba expects a Chapter 11 filing for Westinghouse would expand charges related to the U.S. unit in the current financial year to around 1 trillion yen ($9 billion) from its publicly flagged estimate of 712.5 billion yen, the people also said." Κάνοντας Like στο Facebook ενημερώνεστε άμεσα για τα νέα άρθρα -->