April 10, 2017 / 7:02 AM / 3 years ago

Turkey's Vestel: Have started TV talks with Toshiba, outcome yet unclear

A man walks past a Toshiba Corp logo displayed on one of its television sets in Tokyo, Japan, November 26, 2015. REUTERS/Toru Hanai/File Photo

ISTANBUL (Reuters) - Turkish electronics and appliance maker Vestel on Monday said it was in talks to purchase the television unit of Japan’s Toshiba Corp, but said it was unclear whether the deal would be finalised at this point.

Vestel, in a statement to the Istanbul bourse, said the talks had been launched under the strategy of strengthening its position in international markets.

Reporting by Ebru Tuncay; Writing by David Dolan; Editing by Daren Butler

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