Japan's Chubu Electric in talks to invest $690m in Toshiba

Japan's Chubu Electric in talks to invest $690m in Toshiba

A city view in Tokyo, Japan. Photo by Ryo Yoshitake on Unsplash.

Japanese power utility Chubu Electric Power Co plans to invest up to 100 billion yen ($690 million) in Toshiba Corp as part of a consortium with private equity firm Japan Industrial Partners, the Nikkei newspaper reported on Friday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter