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TOSYY / Toshiba to go private as board accepts $15 bn takeover bid: reports

Toshiba to go private as board accepts $15 bn takeover bid: reports
Troubled Japanese conglomerate Toshiba on Thursday accepted a $15 billion takeover bid by a consortium led by investment fund Japan Industrial Partners, major local media outlets reported. Read More
Posted: Mar 23 2023, 06:51
Author Name: TechXplore
Views: 110524

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Toshiba posts 35% decline in full-year net profit

By TechXplore
May 12, 2023

Toshiba posts 35% decline in full-year net profit

Japanese conglomerate Toshiba on Friday said full-year net profit fell by more than a third due partly to weak sales in electronic devices and other o more_horizontal

Toshiba expects 0.5% drop in annual profit ahead of JIP buyout

By Reuters
May 12, 2023

Toshiba expects 0.5% drop in annual profit ahead of JIP buyout

Toshiba Corp said on Friday it expected operating profit to drop 0.5% this financial year, ahead of a planned $15-billion buyout by a group led by pri more_horizontal

Toshiba Debuts 'Mission Control' for Retail Intelligence

By PYMNTS
April 19, 2023

Toshiba Debuts 'Mission Control' for Retail Intelligence

Toshiba Global Commerce Solutions has opened a new center to provider retailers with enhanced intelligence. The company on Wednesday (April 19) announ more_horizontal

Toshiba Taps BlueStar to Expand POS Network

By PYMNTS
April 11, 2023

Toshiba Taps BlueStar to Expand POS Network

Toshiba Global Commerce Solutions says it's extending the reach of its point-of-sale (POS) network. The company on Tuesday (April 11) announced it is more_horizontal

Toshiba Shareholders Draw the Short Stick, Again

By WSJ
March 24, 2023

Toshiba Shareholders Draw the Short Stick, Again

Toshiba's sale was supposed to be a bookend to years of corporate governance reforms in Japan. more_horizontal

Scandal-plagued Japan tech giant Toshiba gets tender offer

By Market Watch
March 23, 2023

Scandal-plagued Japan tech giant Toshiba gets tender offer

TOKYO — Scandal-embattled Japanese electronics and technology manufacturer Toshiba has accepted a 2 trillion yen ($15 billion) tender offer from Jap more_horizontal

Toshiba Accepts $15 Billion Buyout Bid From Japan Consortium

By Bloomberg Markets and Finance
March 23, 2023

Toshiba Accepts $15 Billion Buyout Bid From Japan Consortium

Toshiba Corp. has accepted a buyout offer from a Japanese consortium. This would help the iconic conglomerate moved a step closer to ending a trouble more_horizontal

The long-running crisis at Japan's Toshiba

By Reuters
March 23, 2023

The long-running crisis at Japan's Toshiba

Toshiba Corp's board on Thursday accepted a buyout offer from a group led by private equity firm Japan Industrial Partners (JIP), ending months of spe more_horizontal


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