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Toshiba completes Mangiarotti sale

Art Post ·
28 November 2017 The sale of Toshiba Corporation's 70% holding in Italian heavy equipment manufacturer Mangiarotti SpA to Westinghouse UK Holdings Ltd has been completed after receiving approval by the US Bankruptcy Court of New York. Toshiba has written off EUR110 million ($128 million) of debts owed to it by Mangiarotti as part of the transfer. Westinghouse Electric Company in September 2014 acquired Mangiarotti, which manufactures components for the energy and process industries,...
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Re: Toshiba completes Mangiarotti sale

Art Post ·
snap, the hits keep on coming and coming
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