Following the bankruptcy of its Westinghouse Electric nuclear unit, Toshiba (OTCPK:TOSYY) is putting some more assets on the block.
Landis+Gyr has received offers from bidders including Honeywell (NYSE:HON), Goldman Sachs's (NYSE:GS) private equity arm and a consortium of CVC Capital Partners and Hitachi (OTCPK:HTHIY), Bloomberg reports.
Toshiba and the Innovation Network Corp. of Japan bought the smart-meter business in 2011 for $2.3B, including debt.
Now read: Honeywell: Shareholders Push Back »
Subscribe for full text news in your inbox