Toshiba approves Chapter 11 filing for nuclear unit Westinghouse
Toshiba Corp`s board has approved a Chapter 11 filing for its U.S. nuclear unit Westinghouse, the Nikkei business daily reported on Wednesday - a move that would limit losses that have plunged the Japanese group into crisis.
The Vogtle Unit 3 and 4 site, being constructed by primary contactor Westinghouse, is seen near Waynesboro. Pic: Reuters