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Toshiba's Sale Of US LNG Biz Stalled By Regulatory Hurdles

By Chelsea Naso ( April 11, 2019, 8:00 PM EDT) -- Toshiba revealed Thursday that China's ENN backed out of a planned 91. 3 billion yen ($818 million) deal for the Japanese conglomerate's flagging U. S. liquid natural gas business after the transaction failed to secure regulatory approvals in the U. S. and China. . . .

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