Toshiba flags hit of ‘billions of dollars’ on US nuclear acquisition
- 27-Dec-2016
TOKYO: Toshiba said it may have to book several billion dollars in charges related to a US nuclear power acquisition, a shock warning that sent its stock tumbling 12 percent and rekindled concerns about its accounting acumen. The Japanese group said cost overruns at US power projects handled by a nuclear construction business newly acquired from […]