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Toshiba to meet bankers on Wednesday after detailing loss
February 14, 2017 / 10:46 AM / 9 months ago

Toshiba to meet bankers on Wednesday after detailing loss

TOKYO (Reuters) - Toshiba Corp executives will meet with the company’s bankers on Wednesday, after the conglomerate said it would book a $6.3 billion writedown on its U.S. nuclear business, chief financial officer Masayoshi Hirata said.

The logo of Toshiba Corp is seen as window cleaners work on the company's headquarters in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai

Toshiba is also considering all options for its NAND flash memory unit as it tries to raise cash, including a complete sale, CEO Satoshi Tsunakawa said at the same briefing.

Reporting by Taiga Uranaka; Editing by Edwina Gibbs

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