The Full Spectrum of News.
Get Started
SubscribeLogin
Israel-Hamas Conflict
Mother's Day
Pope Francis
Vladimir Putin
Social Media
Catholic Church
World War II
Donald Trump
European Union
Pope Leo XIV
Baseball
NCAA
Kremlin
Published • loading... • Updated

Toshiba is going private in a $13.5bn private equity buyout, ending a 74-year run as a listed company

Summary by Ground News
Japan Industrial Partners Inc. successful tender offer for Toshiba Corp. paves the way for a $13.5 billion buyout. Toshiba, whose roots go back to 1875, said Thursday the JIP-led consortium now holds 78.65% of all its shares. Delisting from the Tokyo Stock Exchange would close a troubled decade at the firm.

1 Articles

All
Left
Center
1
Right
FortuneFortune
Center

Toshiba is going private in a $13.5bn private equity buyout, ending a 74-year run as a listed company

The Tokyo-based company’s delisting from the Tokyo Stock Exchange would close a troubled decade at the firm, marked by scandal, crippling losses and clashes with activist shareholders.

·New York, United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Fortune broke the news in New York, United States on Thursday, September 21, 2023.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

Business

Business

Politics

Politics

Tokyo, Japan

Tokyo, Japan

Japan Economy

Japan Economy

Japan Politics

Japan Politics

News
For You
SearchBlindspotLocal