(Reuters) - Japanese industrial conglomerate Toshiba Corp <6502.T> said it is in late-stage talks to sell its white goods business to Chinese household appliance giant Midea Group Co Ltd <000333.SZ>, Nikkei reported on Monday.
The deal is expected to fetch tens of billions of yen, the Japanese business daily reported.
Toshiba said in a statement the company was negotiating with other companies about restructuring its white goods business, but nothing had been decided.
Toshiba granted Canon Inc <7751.T> exclusive negotiating rights for its medical equipment unit, earlier this month, after a hotly contested auction, with a report putting Canon's offer at more than $6 billion.
(Reporting by Nikhil Subba in Bengaluru and Chang-Ran Kim in Tokyo; Editing by Shounak Dasgupta and Anand Basu)
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