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The deal puts the 148-year-old electronics-to-power stations maker in domestic hands after years of battles with overseas activist investors. Toshiba is set to be delisted as early as in December.
Gizmodo reports that Toshiba has quietly sold its remaining 19.9 percent stake in its Dynabook laptop brand to Sharp, officially exiting the laptop business, and really the PC business at large.
Japan’s Toshiba Corp outlined plans on Friday to break up into three independent companies by spinning off two core businesses — its energy and infrastructure business as well as its device ...
TOKYO, Dec 20 (Reuters) - Toshiba (6502.T), opens new tab was delisted on Wednesday after 74 years on the Tokyo exchange, following a decade of upheaval and scandal that brought down one of Japan ...
Toshiba said the buyout would be led by Japan Industrial Partners, a Tokyo-based investment fund. After tensions with foreign shareholders, company seeks new start under full domestic ownership.
TOKYO, Nov 12 (Reuters) - Japan's Toshiba Corp (6502.T), opens new tab will split, opens new tab into three separate companies in a bid to appease investors seeking a radical overhaul after years ...
Toshiba sold 17.7 million PCs at its peak in 2013, but that has since dropped to only 1.4 million units last year, according to Reuters. The reasons for Toshiba’s decline are numerous: ...
Westinghouse, whose acquisition by Toshiba wasn't finalized until the fall of 2006, says it will use the financing on what it calls its core businesses: "supporting operating plants, nuclear fuel ...
Toshiba Corp., the 140-year-old electronics conglomerate that has its hand in everything from installing power lines to supplying iPhone parts, has been embroiled in an accounting scandal since ...
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 ...