Toshiba to go private on December 20 after successful $13 billion takeover bid

Toshiba Corp said on Thursday it will hold an extraordinary shareholder's meeting on Nov. 22 to approve the consolidation of its shares, which will be delisted from the Tokyo Stock Exchange on Dec. 20.

The Japanese conglomerate Toshiba last month announced the success of a 2 trillion yen ($13.4 billion) tender offer from private equity firm Japan Industrial Partners.