Toshiba Corp on
Wednesday ends its 74-year history as a listed company as a
consortium led by Japan Industrial Partners takes the
company private. The buyout is expected to draw a line.
JIP-led group to take majority Toshiba board seats after delisting japantoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantoday.com Daily Mail and Mail on Sunday newspapers.
Shares in Toshiba Corp on Thursday surged on a report that a domestic investor-led group was looking at a $19 billion bid - a potential deal that would likely lead to foreign activist shareholders being bought out after years of tension.
Toshiba shares jump on report of possible $19 billion buyout oann.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oann.com Daily Mail and Mail on Sunday newspapers.
Chief Financial Officer Masayoshi Hirata told reporters that the conglomerate s first quarterly loss in two years came amid jumps in prices for steel, copper as well as components sourced from suppliers, , toshiba