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Westinghouse Electric's nuclear power business has faced major setbacks.
Business

Toshiba to buy back Westinghouse stake from Kazakh company

Goal of partnership with uranium-rich country turns to dust

TAKAFUMI HOTTA, Nikkei staff writer | Japan

TOKYO -- Toshiba will buy back a 10% stake in Westinghouse Electric for about 59 billion yen ($522 million), the Japanese conglomerate said Tuesday, under an option exercised by the Kazakh state-run nuclear power company that bought the shares a decade ago.

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