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Toshiba says it will sell 55% stake in air conditioning unit to US Carrier for 100 billion yen By Reuters

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© Reuters. PHOTO FILE: Toshiba logos are pictured at Toshiba Corp’s annual general meeting with its shareholders in Tokyo, Japan, June 25, 2021. REUTERS / Kim Kyung-Hoon

TOKYO (Reuters) – Toshiba (OTC 🙂 Corp said on Monday it will sell a majority of its 60% stake in air conditioning unit Toshiba Carrier to US joint venture partner Carrier Global (NYSE 🙂 Corp for around 100 billion yen ($ 870 million ).

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