Toshiba says it will sell 55% stake in air conditioning unit to U.S. Carrier for 100 billion yen -Breaking
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© Reuters. FILE PHOTO – Toshiba Corp logos are displayed at the annual general meeting of its shareholders held in Tokyo, Japan on June 25, 2021. REUTERS/Kim Kyung-HoonTOKYO (Reuters) – Toshiba (OTC) Corp announced Monday that it is selling a majority share of Toshiba Carrier, an air conditioning unit manufactured by Toshiba Corporation to U.S. joint-venture partner Carrier Global. The sale will be for approximately 100 billion yen (or $870 million).
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