April 25, 2017 BY Valentina Kirilova

Toshiba starts taking bids for its Swiss unit Landis+Gyr

Japan's Toshiba Corp (TYO:6502) will start taking bids for Landis+Gyr, its Swiss smart meter unit, as early as June, Kyodo news agency reported today. Hitachi Ltd (OTCMKTS:HTHIY) and other Japanese firms are seen as possible bidders for the unit, Kyodo added. Toshiba had already hired UBS to explore a sale or an initial public offering…

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