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Comment by the Chair of Toshiba's Board on the Acquisition Proposal


Comment by the Chair of Toshiba’s Board on the Acquisition Proposal
Friday, April 9, 2021 12:40PM IST (7:10AM GMT)
 
TOKYO, Japan:
 
Osamu Nagayama, Chairperson of the Board of Directors of Toshiba Corporation (TOKYO:6502) has commented on the acquisition proposal from CVC Capital Partners as below.
 
As announced in the public statement dated April 7
th, Toshiba has received a preliminary and non-legally binding initial proposal from CVC Capital Partners (CVC) regarding the acquisition of Toshiba and to get the same privatized. This initial proposal by CVC was completely unsolicited and not initiated by Toshiba by all means. The proposal does not go through detailed review of Toshiba business. ....

Yoko Takagi , Osamu Nagayama , Toshiba Corporation , Media Relations Office , Foreign Exchange , Corporate Communications Div , Foreign Trade Act , Media Contact , Relations Office , யோகோ தாக்காகி , தோஷிபா நிறுவனம் , மீடியா உறவுகள் அலுவலகம் , வெளிநாட்டு பரிமாற்றம் , பெருநிறுவன தகவல்தொடர்புகள் டைவ் , வெளிநாட்டு வர்த்தகம் நாடகம் , மீடியா தொடர்பு , உறவுகள் அலுவலகம் ,

Comment by the Chair of Toshibas Board on the Acquisition Proposal


Posted on
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Osamu Nagayama, Chairperson of the Board of Directors of Toshiba Corporation (TOKYO:6502) has commented on the acquisition proposal from CVC Capital Partners as below.
As announced in the public statement dated April 7
th, Toshiba has received a preliminary and non-legally binding initial proposal from CVC Capital Partners (CVC) regarding the acquisition of Toshiba and to get the same privatized. This initial proposal by CVC was completely unsolicited and not initiated by Toshiba by all means. The proposal does not go through detailed review of Toshiba business.
Further, CVC’s initial proposal is conditional on a variety of matters such as clearances of the Anti-trust registrations of the relevant jurisdictions, the Foreign Exchange and Foreign Trade Act of Japan and necessary financing. Furthermore, the proposed transaction is not contemplated to be financed by CVC alone; rather, it ....

Osamu Nagayama , Yoko Takagi , Toshiba Corporation , Media Relations Office , Foreign Exchange , Corporate Communications Div , Foreign Trade Act , யோகோ தாக்காகி , தோஷிபா நிறுவனம் , மீடியா உறவுகள் அலுவலகம் , வெளிநாட்டு பரிமாற்றம் , பெருநிறுவன தகவல்தொடர்புகள் டைவ் , வெளிநாட்டு வர்த்தகம் நாடகம் ,

Investegate |Mitsui & Co Ltd Announcements | Mitsui & Co Ltd: Final Investment Decision for the Waitsia Gas Project Stage 2 Development


Final Investment Decision for the Waitsia Gas Project Stage 2 Development
Mitsui & Co Ltd
This announcement is for our U.S.$5,000,000,000 Euro Medium Term Note Programme
Mitsui & Co., Ltd. (“Mitsui”, Head Office: Tokyo, President and CEO: Tatsuo Yasunaga), together with its partner Beach Energy Limited has made a final investment decision subject to necessary government approvals, as the operator of a gas development project relating to the Waitsia gas field (“Waitsia”) in the state of Western Australia, called the Waitsia Gas Project Stage 2 Development (“Stage 2 Development”). Mitsui holds a 50% interest in the Waitsia through AWE Pty Ltd (“AWE”).
In 2018, Mitsui acquired AWE which has an interest in Waitsia, located onshore approximately 350 km north of Perth, Western Australia. The acquisition was primarily to expand Mitsui’s competitive oil and gas portfolio in Australia and to gain operatorship capabilities. ....

Western Australia , Tatsuo Yasunaga , Head Office , Development Stage , Corporate Communications Div , Euro Medium Term Note Programme , Pty Ltd , Beach Energy , Mitsui Co Ltd , Final Investment Decision , Waitsia Gas Project Stage , Medium Term Note Programme , Beach Energy Limited , North West Shelf Joint Venture , Western Australian , Annual Securities Report , Quarterly Securities Report , Japan Australia , Gas Processing Agreement , Waitsia Joint Venture , மேற்கு ஆஸ்திரேலியா , தலை அலுவலகம் , வளர்ச்சி நிலை , பெருநிறுவன தகவல்தொடர்புகள் டைவ் , யூரோ நடுத்தர கால குறிப்பு ப்ரோக்ராம் , ப்டி லிமிடெட் ,