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Toshiba Corporation (TOSYY)

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17.86-0.25 (-1.41%)
At close: 03:52PM EDT
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  • Reuters

    UPDATE 2-Japan state-backed fund in talks with Bain on Toshiba buy-out -Nikkei

    A state-backed Japanese fund is in talks with private equity firm Bain Capital to form a consortium and bid for Toshiba, after breaking off from its previous partner, the Nikkei newspaper reported on Wednesday. It would mark a second proposal for Toshiba from state-backed Japan Investment Corp. The fund had previously joined forces with private equity firm Japan Industrial Partners and their bid had made it past the first round of bidding. However, Japan Investment Corp and Japan Industrial Partners have since decided not to pursue a bid together, both the Nikkei and Kyodo News said.

  • Reuters

    Japan state-backed fund in talks with Bain on Toshiba buy-out -Nikkei

    TOKYO (Reuters) -A state-backed Japanese fund is in talks with private equity firm Bain Capital to form a consortium and bid for Toshiba, after breaking off from its previous partner, the Nikkei newspaper reported on Wednesday. It would mark a second proposal for Toshiba from state-backed Japan Investment Corp. The fund had previously joined forces with private equity firm Japan Industrial Partners and their bid had made it past the first round of bidding. However, Japan Investment Corp and Japan Industrial Partners have since decided not to pursue a bid together, both the Nikkei and Kyodo News said.

  • Business Wire

    Toshiba’s Double-Transmon Coupler Will Realize Faster, More Accurate Superconducting Quantum Computers

    TOKYO, September 15, 2022--Toshiba's latest technology breakthrough is a double-transmon coupler that will bring fast, accurate superconducting quantum computers a lot nearer