Toshiba Corporation (TOSYY)
- Reuters
UPDATE 5-Toshiba receives interest from 10 potential investors
Japan's beleaguered Toshiba Corp said on Friday it has received interest from 10 potential investors after soliciting buyout offers. The conglomerate, long under pressure from activist shareholders, also announced a special dividend worth some $545 million, the second year in a row it has issued such a payout. Toshiba, which has since 2015 been bedevilled by accounting and governance crises, set up a special committee last month to explore strategic options including potential deals to go private after shareholders voted down a management-backed restructuring plan.
- Reuters
Toshiba receives interest from 10 potential investors
TOKYO (Reuters) -Japan's beleaguered Toshiba Corp said on Friday it has received interest from 10 potential investors after soliciting buyout offers. The conglomerate, long under pressure from activist shareholders, also announced a special dividend worth some $545 million, the second year in a row it has issued such a payout. Toshiba, which has since 2015 been bedevilled by accounting and governance crises, set up a special committee last month to explore strategic options including potential deals to go private after shareholders voted down a management-backed restructuring plan.
- Bloomberg
Blackstone Explores Joint Toshiba Bid With KKR
(Bloomberg) -- Blackstone Inc. is considering teaming up with KKR & Co. on a joint bid for Japanese conglomerate Toshiba Corp., people with knowledge of the matter said. Most Read from BloombergOne-Time Richest Singapore Tycoon Has Lost 80% of His FortuneMeet the Hedge-Fund Manager Who Warned of Terra’s $60 Billion ImplosionOmicron Is Turning Out to Be a Weak VaccineElon Musk Says Twitter Must Prove Bot Claims for $44 Billion Deal to ProceedU.S. Stocks Extend Losses in Late Session Selloff: Mark
