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Toshiba says now plans to split into two companies instead of three : Rashtra News #Toshiba #plans #split #companies Toshiba Corp said it now aims to break up into two companies instead of three and also unveiled a big boost to planned shareholder returns in an effort to appease angry investors. Its revised plan is […] ....
Toshiba Corp announced on Monday that it now aims to break up into two companies instead of three, while also unveiling a big boost to planned shareholder returns in an effort to appease angry. | February 7, 2022 ....
Toshiba Corp yesterday announced plans to split into two companies, revising a controversial proposal to divide into three following a tumultuous period for the storied industrial conglomerate. The group said it plans to spin off its device segment, including its semiconductor business, in a bid to speed up decisionmaking and boost stock performance. Shareholders, who have clashed with management on the best way forward for the troubled company, must still approve the proposal in a vote expected next month. The original spin-off plan faced stiff opposition from some key investors. The firm also said it would unload its stake in air-conditioning business Toshiba ....
Toshiba Corp announced on Monday that it now aims to break up into two companies instead of three, while also unveiling a big boost to planned shareholder returns in an effort to appease angry. | February 7, 2022 ....