Toshiba Sees Huge Impairment Loss On U.S. Nuclear Power Acquisition

Japanese electronics conglomerate Toshiba Corp. said Tuesday that it expects to record goodwill impairment charge of several billion dollars related to an acquisition of U.S. nuclear power operations. The goodwill is related to the purchase of U.S. engineering company CB&I Stone & Webster Inc.'s nuclear construction and integrated services business by Toshiba's U.S. subsidiary, Westinghouse.

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