Wednesday, October 20, 2021

Toshiba

Toshiba CEO resigns as buyout offer stirs turmoil

Nobuaki Kurumatani's resignation came as reports say two other funds are considering their own offers for Toshiba, potentially setting up a bidding war.

Scandal-hit Toshiba confirms US$20 billion takeover bid from British fund

The Japanese giant has been under pressure from large overseas shareholders for greater transparency and better governance.

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