Toshiba set to go private after US$14-billion takeover bid by JIP succeeds
Toshiba said on Thursday that a $14-billion tender offer from private equity firm Japan Industrial Partners (JIP) had ended in success – a deal which paves the way for the embattled industrial conglomerate to go private. The JIP-led consortium saw 78.65 per cent of Toshiba shares tendered, giving…
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