No deal yet on Toshiba division sale to Chinese company Midea
By Qiu Quanlin In Guangzhou | China Daily | Updated: 2016-03-16 08:11
A deal on the sale of Toshiba Corp's home appliances business to Chinese company Midea Group has yet to be confirmed, both companies said on Tuesday.
The announcement came after Japan's Nikkei media reported that talks on the sale had reached the final stage.
The sale will be worth more than $1 billion, the report said.
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