Japan's Toshiba prepares $2b divestment of smart meter group Landis+Gyr

Japan's Toshiba prepares $2b divestment of smart meter group Landis+Gyr

Toshiba logo (visual from the MBT website -Shohei Miyano/Reuters)

Japan’s Toshiba Corp is preparing a potential $2 billion divestment of smart meter group Landis+Gyr, hoping to rake in capital after a major writedown on its U.S. nuclear unit last month, three people familiar with the matter said.

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