Thu, Oct 12, 2023
The Japanese conglomerate Toshiba last month announced the success of a 2 trillion yen ($13.4 billion) tender offer from private equity firm Japan Industrial Partners.
Sun, Jun 13, 2021
Toshiba Corp`s second-biggest shareholder on Sunday demanded the board chairman and three other directors immediately resign after an investigation found the company had colluded with the Japanese government to pressure foreign investors
Sun, Apr 22, 2018
A consortium led by U.S. private equity firm Bain Capital last year won a long and highly contentious battle for the unit, which Toshiba put up for sale after billions of dollars in cost overruns at its Westinghouse nuclear unit plunged it into crisis.
Sat, Nov 18, 2017
Toshiba, reeling from the bankruptcy of its U.S. nuclear unit Westinghouse Co in the wake of an accounting scandal, needs to raise 750 billion yen ($6.7 billion) by the end of March to avoid being kicked off the Tokyo Stock Exchange.
Thu, Jun 29, 2017
Toshiba Corp on Wednesday had sued Western Digital for 120 billion yen ($1 billion) regarding a dispute over the sales of its prized memory chip unit.
Fri, Apr 14, 2017
Suzuki Motor Corp, Toshiba Corp and Denso Corp announced on Friday said they would form a joint venture (JV) to produce lithium-ion batteries for automobiles in India.
According to NHK news report, Apple is considering to team up with its supplier Foxconn to bid for Toshiba Corp`s semiconductor business and considering to invest several billion dollars to take a stake of more than 20% into the company.
Tue, Mar 21, 2017
Toshiba is reviewing proposals from financial institutions and investment firms about a so-called debtor-in-possession loan, which would carry the company through a potential bankruptcy, said two people familiar with the situation. The size of this financing package is expected to exceed $500 million, the people added.
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