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TOKYO: Toshiba Corp's second-biggest shareholder called on the Japanese conglomerate to undergo a strategic review and explicitly solicit suitors, saying potential acquirers were deterred by the company's comments on wanting to remain listed.
A group of hackers executed a ransomware attack on Hoya Corp, marking the second successful attack suffered by the Japanese firm in two years.
YASUO Takeuchi remembers the horror he felt in 2017 when, as chief financial officer of Japan’s Olympus Corp, he was told an activist investor had taken a stake in the company: the barbarians were at the gate.
HONG KONG: Bain Capital is looking at formulating a bid to acquire Toshiba Corp, two people familiar with the matter said.
TOKYO (Reuters) -Toshiba Corp on Tuesday dismissed a $20 billion buyout offer from CVC Capital Partners as lacking detail, putting a question mark over the future of the proposal.
TOKYO (Reuters) - Japan Investment Corp (JIC) and Norinchukin Bank are considering buying Toshiba Corp, the Nikkan Kogyo Shimbun reported on Thursday, a Japan-led bid which may be more palatable to regulators and management than rival offers by foreign funds.
TOKYO: Toshiba Corp is poised to surge after confirming it received an initial buyout offer from CVC Capital Partners, setting the stage for potentially the largest private equity-led acquisition in years.
HONG KONG (AFP): Asian markets mostly edged up Wednesday (April 7) but gains were tempered as investors took a breather following a recent run-up, though another round of healthy data provided cause for continued optimism for the global recovery.