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Toshiba write down nuclear

Toshiba to unveil nuclear writedown as it scrambles for cash

Toshiba to unveil nuclear writedown as it scrambles for cash

Tue, Feb 14, 2017

Toshiba warned of a potential writedown in December, a year after a $1.3 billion accounting scandal. Sources familiar with the matter say the charge will be as high as 700 billion yen ($6.2 billion) - a sum that would wipe out the group`s shareholder equity.

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