Toshiba says China-based ENN Ecological Holdings has canceled a deal to acquire its interest in the Freeport LNG export terminal now being built in Freeport,Texas

摘要

The Japanese company said ENN cited the failure to complete the transfer of assets by the end of March as planned when the deal was announced last November.Toshiba had warned last week that the transfer of the assets had been delayed because the Committee on Foreign Investment in the United States has not yet approved the deal.In November,Toshiba said it would sell Toshiba America LNG to ENN for $15 million as part of its restructuring plans and pay $836 million to the Chinese company because of the risk that business would be unprofitable with a future drop in LNG prices.