Japan To Take Control Of Tepco

The Japanese government is to take a controlling stake in Tokyo Electric Power in return for a 1 trillion yen ($12.5bn; £7.8bn) taxpayer bailout.

Topics:  japanese   tokyo electric power   control   
BING NEWS:
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    The move wasn't unexpected despite efforts by the Japanese government to persuade the Biden administration to approve the sale.
    01/3/2025 - 4:49 am | View Link
  • Biden blocks U.S. Steel takeover by Japan's Nippon Steel, citing national security
    President Joe Biden has officially blocked the $14.9 billion takeover of U.S. Steel by Japan's Nippon Steel. Biden said the proposed deal would place one of the largest steel producers in the U.S.
    01/3/2025 - 12:14 am | View Link
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