Toshiba to sell $134 million worth of shares in molding machine affiliate

Snap’s sought-after shares set for market debut after $3.4 billion IPO
March 2, 2017
Chinese e-commerce firm JD.com’s revenue jumps 47 percent
March 2, 2017
This post was originally published on this site

TOKYO (Reuters) – Toshiba Corp said it will sell almost all its stake in affiliate Toshiba Machine Co for $134 million as it scrambles for cash to stave off a financial collapse.