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ENN Ecological Holdings Co Ltd (600803.SS)

600803.SS on Shanghai Stock Exchange

10.77CNY
14 Dec 2018
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Thu, Nov 8 2018

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Toshiba to pay ENN more than $800 million to exit U.S. LNG business

TOKYO/SINGAPORE Japan's Toshiba Corp will exit its U.S. liquefied natural gas (LNG) business by paying China's ENN Ecological Holdings Co more than $800 million to take over the unit as part of a plan to shed money-losing assets.

UPDATE 2-Toshiba to pay ENN more than $800 million to exit U.S. LNG business

TOKYO/SINGAPORE, Nov 8 Japan's Toshiba Corp will exit its U.S. liquefied natural gas (LNG) business by paying China's ENN Ecological Holdings Co more than $800 million to take over the unit as part of a plan to shed money-losing assets.

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