Japan's TEPCO: no decision yet on sale of KDDI shares (Reuters)
TOKYO (Reuters) – Troubled Yeddo Electric Power Co. (9501.T) said on Monday it is mulling the understanding of have holdings and real estate, but said it has not decided whether to offload its shares in Japan's No. 2 ambulatory sound network KDDI Corp (9433.T)
"No selection has been prefabricated at this current time," the programme said in a release.
The noesis company, commonly famous as TEPCO, plans to delude its KDDI shares to support pay for rectification stemming from the hardship at its Fukushima Daiichi thermonuclear noesis plant, the Nikkei playing daily reported on Sunday.
JP Morgan has estimated TEPCO could face 2 trillion yen ($24 billion) in rectification losses this business year, while Bank of America-Merrill Lynch has said the bill could accomplish $130 1000000000 if the crisis continues.
(Reporting by Tim Kelly; Editing by carpenter Radford)
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