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Troubled Toshiba announces buyout offer led by Japan businesses

Por: ABC News Business August 07, 2023

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TOKYO -- Toshiba announced a 2 trillion yen ($14 billion) tender offer on Monday in a move that would take it private, as the scandal-tarnished ese electronics and energy giant seeks to turn itself around.The tender offer led by a buyout fund of major Japanese banks and companies called Japan Industrial Partners starts Tuesday and is priced at 4,620 yen ($32) a share. Chairperson Akihiro Watanabe asked shareholders to back the proposal, saying... + full article



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