Toshiba stock rises after company's largest shareholder backs Bain buyout dealToshiba's shares jumped more than 6 per cent last week when Bain Capital won the support of the company's largest shareholder and commenced...
01 Apr, 2022, 08.59 PM IST
Toshiba shareholders vote down both spin-off plan and call to seek buyout offersThe proposal to seek private equity buyout offers or a minority investment was made by Singapore-based 3D Investment Partners, Toshiba's No...
24 Mar, 2022, 11.32 AM IST
Toshiba shareholders vote down both spin-off plan and call to seek buyout offersThe result of the extraordinary general meeting will likely force Toshiba to revise its controversial restructuring plan and ensure that th...
24 Mar, 2022, 10.14 AM IST
Ahead of crucial AGM, Toshiba board chairman vows to be 'agent of positive change'Nagayama has come under intense pressure to resign after an explosive independent investigation this month found that Toshiba colluded with...
18 Jun, 2021, 05.06 PM IST
Toshiba CEO Nobuaki Kurumatani resigns as buyout offer stirs turmoilNobuaki Kurumatani's resignation is the latest development in years of upheaval at the firm, which only won back its spot on the first sect...
15 Apr, 2021, 07.50 AM IST
Toshiba chairman issues cautious statement on CVC's take-private offer"This initial proposal by CVC was completely unsolicited and not initiated by Toshiba," board chairman Osamu Nagayama said.
09 Apr, 2021, 12.47 PM IST
Japanese shares end higher on bargain-hunting; Toshiba surgesThe benchmark Nikkei share average ended up 0.12 per cent at 29,730.79, while the broader Topix climbed 0.67 per cent to 1,967.43.
07 Apr, 2021, 04.04 PM IST
Apple discussing $3 billion stake in Bain Chip bidApple plans to take an equity stake alongside Bain, they said. If the agreement is completed, it may exceed Apple’s largest deal ever, the ...
15 Sep, 2017, 12.09 AM IST
KKR, Toshiba In talks for preemptive chips unit dealThe company is selling off assets to plug a hole in its balance sheet after enormous losses in its Westinghouse nuclear subsidiary.
09 May, 2017, 01.18 AM IST
Toshiba warns it may not survive crisis"There are material events and conditions that raise substantial doubt about the company's ability to continue as a going concern," Toshiba...
12 Apr, 2017, 12.52 AM IST
Toshiba seeks minimum $8.8 billion in chip stake saleThe company wants to take time negotiating without setting a concrete deadline, although it aims to reach an agreement before the end of th...
22 Feb, 2017, 01.20 AM IST
Toshiba executives resign over $1.2-billion accounting scandalToshiba president Hisao Tanaka and two other executives quit to take responsibility for a $1.2-billion accounting scandal.
22 Jul, 2015, 05.32 AM IST
- Toshiba to outsource system chips to rival Samsung: Report
Japan's Toshiba plans to outsource production of system chips, used in cellphones, TVs and cars, to South Korea's Samsung in order to focus...
24 Dec, 2010, 11.53 AM IST
- Toshiba names new president
Toshiba Corp said on Wednesday it has named a new president, joining a string of other Japanese companies in shuffling management amid a cr...
18 Mar, 2009, 06.01 PM IST
- Toshiba sells majority stake in real estate unit
Japan's Toshiba Corp., hoping to refocus on mainstay businesses, said Tuesday it was selling a majority stake in its real estate unit for 8...
22 Jul, 2008, 06.03 PM IST
- Toshiba, SanDisk to invest $5.2 bn on new plant
Toshiba Corp and SanDisk Corp will invest a total ofabout 600 billion yen ($5.2 billion) to build a new flash memory plant in Western Japan...
04 Aug, 2006, 11.59 AM IST
- Toshiba, SanDisk take on Samsung
Toshiba and SanDisk plan to jointly spend about 600bn yen ($5.2bn) to build a new flash memory plant in Japan to better compete with rival ...
08 Jul, 2006, 02.46 AM IST