Toshiba Corp on
Wednesday ends its 74-year history as a listed company as a
consortium led by Japan Industrial Partners takes the
company private. The buyout is expected to draw a line.
TOKYO : Toshiba Corp's board on Thursday accepted a buyout offer from a group led by private equity firm Japan Industrial Partners (JIP), ending months of speculation over whether the investors would be able to take it private.The deal would potentially draw a line under the Japanese conglomerate's recent
Electronics giant Toshiba is in turmoil after an executive resigned over expenses payments and company profits plummeted.
The Japanese conglomerate’s chief