Toshiba is seeking to offload a big stake in its Westinghouse atomic power unit amid uncertainty over demand for nuclear reactors.
Speculation over a sale had mounted since October when Toshiba announced that Shaw Group of the US would exercise an option to sell it 20 per cent of Westinghouse Electric, bringing the Japanese group’s total holding to 87 per cent.
Shaw had initially sold a controlling stake to Toshiba six years ago.
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