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

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.

Financial services company Orix Corp is also considering a 100 billion yen investment, the Nikkei said, without saying where it got the information.

Reuters 

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