Westinghouse May Weigh on Toshiba Results

Westinghouse May Weigh on Toshiba Results

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Business

University

Hard

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Toshiba faces significant financial challenges due to its troubled nuclear unit, Westinghouse. Potential buyers from China, South Korea, and Mitsubishi are considered, but liabilities complicate the sale. Toshiba struggles with its earnings report, risking delisting if not resolved. To address financial gaps, Toshiba plans to sell its profitable memory chips business, aiming to finalize a buyer by mid-year.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Toshiba plan to restore its balance sheet?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of Toshiba's memory chips business in its recovery strategy?

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