French energy group Total has reached a deal to buy Toshiba’s U.S. liquified natural gas business, a source familiar with the matter said on Friday. The acquisition comes amid a drive by Total to expand its LNG portfolio and follows the French company’s proposed $8.8 billion deal to acquire Anadarko’s Africa assets, which include an LNG project in Mozambique. Toshiba is expected to book about 100 billion yen ($921 million) in losses over the sale, Nikkei reported earlier.

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