Toshiba says $14 bn offer to go private set to succeed

Tokyo (AFP) Sept 20, 2023

Toshiba said on Wednesday that a $14 billion tender offer to take the troubled Japanese conglomerate private is set to succeed. The announcement comes after a takeover scheme to delist Toshiba launched last month by a Japan Industrial Partners-led consortium closed on Wednesday. "We have received a report from the offeror that the tender offer is forecasted to be successful," Toshiba sai