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Battered Toshiba seeks exit from UK, India in nuclear retreat: sources Feb 3, 2017
 

FILE PHOTO - The logo of Toshiba Corp is pictured at its headquarters in TokyoBy Geert De Clercq and Kentaro Hamada LONDON/TOKYO (Reuters) - Toshiba Corp plans to withdraw from its lead role in projects to build nuclear plants in Britain and India, sources with direct knowledge of the matter said, marking a retreat as it wrestles with an imminent multi-billion dollar writedown. Such a move would leave Toshiba's U.S.-based Westinghouse focused on the much narrower field of nuclear reactors and services, rather than civil engineering for nuclear power plants, or their construction, the sources said.


 
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