Toshiba to buy 77 pct of Westinghouse for $4.2 bln
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Japan's Toshiba Corp.  said on Wednesday it would take a 77 percent stake in Westinghouse, British Nuclear Fuels' U.S. power plant unit, for $4.16 billion, buying a much bigger chunk of the firm than it initially planned.
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Japanese electronics conglomerate Toshiba  Corp  said it will buy large liquid crystal displays  from Sharp Corp  as part of an alliance likely to help  spark a realignment of the flat panel TV industry.
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The consumer electronics chain received an unsolicited   buyout offer valued at $17 per share.
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TORONTO (CP) - The Ontario Teachers&#39; Pension Plan has signed an agreement to buy Alliance Laundry Holdings LLC, a US laundry equipment maker, in a deal worth $450 million US.
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The real estate arm of diversified  conglomerate General Electric Co.  agreed on Wednesday to  buy a $2.2 billion portfolio of U.S. industrial, residential  and commercial properties, but said it would sell some retail  properties to another investor.
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Toshiba Corp. (6502.T) said on Tuesday it  would replace about 340,000 laptop computer batteries made by  Sony Corp. (6758.T) worldwide due to possible problems with  recharging and transmission of electricity.
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Toshiba Corp. said Tuesday that it plans to offer an 80-Gbyte version of its 1.8-inch hard drive, a storage platform that could be used in a next-generation Apple iPod.
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Transocean Inc. , the world's largest offshore driller, said on Monday it would buy GlobalSantaFe Corp.  for nearly $18 billion, adding shallow-water drilling rigs to its deepwater fleet.
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By Kyodo News International, Tokyo  Jan. 30--TOKYO -- Trading house Sumitomo Corp. is considering investing  in Westinghouse Electric Co., a major U.S. nuclear reactor builder which  Toshiba Corp. took control of last year, industry sources said Tuesday.
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Bank of America Corp said on Friday it would buy mortgage lender Countrywide Financial Corp for $4 billion in a move that could avert one of the biggest collapses in the U.S. housing crisis.
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Toshiba Corp  said on Tuesday it  would join a group led by International Business Machines Corp   to develop system chips using 32-nanometre circuitry,  as chip makers increasingly team up to cut development costs.
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Bank of America Corp  said on Friday it would buy battered mortgage lender Countrywide Financial Corp  for $4 billion, a move that could avert one of the biggest collapses in the U.S. housing crisis.
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(InfoWorld) - Toshiba will sell its entire stake in record company Toshiba EMI, one of Japan's largest music publishers, it said Thursday. The stake will be purchased by EMI GroupÂ for Â¥21 billion ($179 million), of which about Â¥13 billion will see its way to Toshiba's pretax profit this year. Toshiba said it is selling the stake because its involvement in the music business is less relevant to other businesses in the group than it was in the past. The sale is expected to be completed before the end of Toshiba's current financial year in March 2007.ADVERTISEMENTNEW IT SERVICES FROM IBM: EASIER TO BUY AND IMPLEMENTDiscover a simpler, more cost-effective way to get the solutions your company needs to grow more flexible and efficient.
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According to industry reports, Toshiba has invested nearly $3 million for a 30-second advertising spot in Sunday's Super Bowl. The company plans to use the spot to highlight its lineup of low-priced HD-DVD players.
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Japanese giant electronics maker Toshiba said it returned to the black with a 8.4 billion yen (79 million dollars) net profit in the first half and upgraded its full-year forecast despite global uncertainty.
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Bank of America said Friday it would purchase embattled mortgage lender Countrywide Financial Corp. for $4 billion in an all-stock transaction.
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Cerberus Capital Management is near a $4 billion deal to buy United Rentals Inc. , the largest equipment rental company by fleet size, for $34.50 a share, the Wall Street Journal reported on Monday.