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Toshiba warns of multibillion-dollar loss on US nuclear acquisition

Published Tue, Dec 27, 2016 · 09:50 PM

Tokyo

TOSHIBA Corp can't get past its accounting problems.

The Japanese company, which paid a record fine a year ago for its bookkeeping practices, warned that it may now have to take another charge of several billion dollars related to an acquisition made by US unit Westinghouse Electric.

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