Tag - toshiba

 
 

TOSHIBA

Japan Times
BUSINESS / Companies
Oct 24, 2022
Toshiba valued at ¥2.4 trillion by JIP in takeover bid, sources say
A bid at u00a52.4 trillion would be worth about u00a55,541 per share, similar to Toshiba's closing price of u00a55,391 per share on Monday in Tokyo.
Japan Times
BUSINESS / Companies
Oct 18, 2022
Toshiba's preferred bidder offers less than key ¥6,000 a share, sources say
During a strategic review last year, at least one global private equity firm told Toshiba's review committee that a deal could be done at u00a56,000 a share or more.
Japan Times
BUSINESS / Companies
Oct 17, 2022
Toshiba sale faces delay as banks wary on financing
Some global banks have turned cautious over backing large buyouts like Toshiba amid rising borrowing costs in the United States and elsewhere.
Japan Times
BUSINESS / Companies
Oct 12, 2022
Toshiba chooses JIP-led group as preferred bidder for buyout, sources say
Private equity firm Japan Industrial Partners is looking to acquire the firm in partnership with multiple domestic companies including Orix and Chubu Electric Power, sources said.
Japan Times
BUSINESS / Companies
Aug 10, 2022
Toshiba logs surprise quarterly operating loss as costs surge
Chief Financial Officer Masayoshi Hirata told reporters that the conglomerate's first quarterly loss in two years came amid jumps in prices for steel and copper.
Japan Times
BUSINESS / Companies
Jul 21, 2022
Toshiba narrows buyout bidders to Bain, CVC, Brookfield and Japanese consortium, sources say
The race for what could be the country's biggest buyout deal this year is gathering pace, as the four bidders are now invited to conduct due diligence for several months.
Japan Times
BUSINESS / Companies
Jul 6, 2022
Utility giant Tepco weighs joining Toshiba bid
The largest power utility in Japan is looking to secure Toshiba's nuclear business, sources said.
Japan Times
BUSINESS / Companies
Jun 28, 2022
Toshiba shareholders endorse two directors from activist hedge funds
The appointments are expected to add momentum to the firm's exploration of potential buyout deals.
Japan Times
BUSINESS
Jun 22, 2022
Private equity giants derided as vultures eye breakthrough in Japan
A successful deal for Toshiba, which may be private equity's largest ever in the country, would signal the once-criticized investors have become more accepted in Japan.
Japan Times
BUSINESS / Companies
Jun 8, 2022
Toshiba CEO says staying public is still an option as equity firms circle
The comments serve as a reminder that the next step is far from certain for the firm, where shareholders and management have been at loggerheads for years.
Japan Times
BUSINESS / Companies
Jun 6, 2022
Toshiba’s dissenting director speaks out over activist nominees
The opposition highlights the tensions that exist within Toshiba as the conglomerate considers its future, including whether to sell itself to private equity and go private.
Japan Times
BUSINESS / Companies
Jun 3, 2022
Toshiba director opposes board nominees from Elliott and Farallon
The opposition signals a possible conflict ahead in what has become a litmus test for corporate governance in Japan.
Japan Times
BUSINESS / Companies
Jun 2, 2022
Toshiba reveals buyout and alliance offers ahead of key shareholder meeting
The conglomerate's nuclear business, which is deemed important to Japan's national security, is seen as a major obstacle to any move to make Toshiba privately owned.
Japan Times
BUSINESS / Companies
May 27, 2022
Japanese buyout firms JIP and Polaris considering bids for Toshiba, sources say
Toshiba set up a special committee last month to explore strategic options, including potential deals to go private.
Japan Times
BUSINESS / Companies
May 26, 2022
Toshiba brings in M&A adviser and activists in board overhaul
Toshiba Corp. nominated an executive from M&A advisory firm Houlihan Lokey as chairperson and activist shareholders as outside directors.
Japan Times
BUSINESS / Companies
May 25, 2022
State-backed investment fund JIC exploring offer for Toshiba, according to sources
JIC has signed a confidential agreement with the Japanese conglomerate for access to detailed finances as it weighs an offer, said the people, who asked not to be identified.
Japan Times
BUSINESS / Companies
May 13, 2022
Toshiba receives interest from 10 potential investors
It also announced a special dividend of u00a5160 per share, worth some u00a570 billion, in an apparent effort to placate activist shareholders it has long been at odds with.
Japan Times
BUSINESS / Companies
May 2, 2022
Private equity firms eyeing Toshiba buyout face nuclear dilemma
Toshiba's nuclear business is involved in decommissioning the Fukushima No. 1 nuclear plant, making it hard for the government to accept a transfer of ownership to an overseas firm.

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