Toshiba will be
delisted on Wednesday after 74 years on the Tokyo exchange,
following a decade of upheaval and scandal that brought down one
of Japan s biggest brands and ushered in a buyout and.
Although it is not clear what shape Toshiba will ultimately take under its new owners, Chief Executive Taro Shimada is expected to focus on high-margin digital services
Toshiba was delisted on Wednesday after 74 years on the Tokyo exchange, following a decade of upheaval and scandal that brought down one of Japan's biggest brands and ushered in a buyout and an uncertain future. The conglomerate is being taken private by a group of investors led by private equity firm Japan Industrial Partners(JIP) that also includes financial services firm Orix, utility Chubu Electric Power and chipmaker Rohm. The $14 billion takeover puts Toshiba in domestic hands after protra
Toshiba was delisted on Wednesday after 74 years on the Tokyo exchange, following a decade of upheaval and scandal that brought down one of Japan's biggest brands and ushered in a buyout and an uncertain future. The conglomerate is being taken private by a group of investors led by private equity firm Japan Industrial Partners(JIP) that also includes financial services firm Orix, utility Chubu Electric Power and chipmaker Rohm. The $14 billion takeover puts Toshiba in domestic hands after protra
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