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Toshiba said on Thursday that a $14 billion tender offer from private equity firm Japan Industrial Partners (JIP) had ended in success - a deal which paves the way for the embattled industrial ...
Toshiba said on Thursday that a $14 billion tender offer from private equity firm Japan Industrial Partners (JIP) had ended in success — a deal which paves the way for the embattled industrial ...
Toshiba, a Japanese conglomerate, overstated profits by $1.2 billion in a scandal that resulted in its CEO's resignation. The scandal was directly linked to unscrupulous accounting ...
Toshiba said the Japan Industrial Partners-led consortium had gained 78.65% of Toshiba’s outstanding shares through the bid, which began Aug. 8, paying ¥4,620 per share.
Japan's Toshiba Corp overstated its operating profit by 151.8 billion yen ($1.22 billion) over several years in accounting irregularities involving top management, an independent investigation ...
Japan’s Toshiba Corp outlined plans on Friday to break up into three independent companies by spinning off two core businesses — its energy and infrastructure business as well as its device ...
In April, Toshiba's chief executive Nobuaki Kurumatani's resigned amid controversy over a $20bn (£14.4bn) buyout bid from private equity firm, CVC Capital Partners.
Toshiba said that Japan Industrial Partners has offered to buy the group for ¥4,620 ($35) per share. Shares in Toshiba, Japan’s best-known conglomerate, closed at ¥4,213 on Thursday.
TOKYO -- Toshiba's board on Thursday voted in favor of a 2 trillion yen ($15.3 billion) buyout led by Japan Industrial Partners (JIP), setting the troubled industrial group on a path to go private ...
Toshiba has received a $15bn buyout proposal from a consortium led by a Japanese private equity firm in what would be the country’s largest take-private deal.
TOKYO -- Toshiba plans roughly 100 billion yen ($640 million) in capital spending to build up its semiconductor business over the next three years, according to a top executive, ...
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