Reuters reports that Japanese utility Tokyo Electric Power Co (TEPCO) is reportedly looking to offload its roughly 8% stake in the country’s second largest telecoms group, KDDI Corp, for as much as JPY186 billion (USD2.4 billion). The move forms part of the power firm’s restructuring plan to raise funds to pay for compensation claims relating to the Fukushima nuclear disaster.
View post:
OVETEL TEPCO mulling USD2.4bn KDDI sale plan
No comments:
Post a Comment