Toshiba investor 3D hails shareholders' rejection of separation planIn a statement, the fund called for Toshiba's strategic review committee to immediately re-examine all the company's options.
25 Mar, 2022, 10.36 AM 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
Activist fund Oasis backs call for Toshiba to solicit buyout offersOasis also voted against the Japanese industrial conglomerate's plan to break itself up, said the source, who was not authorised to speak t...
23 Mar, 2022, 01.10 PM IST
Proxy advisory firm ISS recommends against Toshiba's break-up plan"Years of corporate governance turmoil...a split shareholder base, and an uninspiring management track record raise significant scepticism ...
10 Mar, 2022, 10.08 AM IST
In surprise move, Toshiba CEO resigns amid opposition to restructuring plansSenior executive Taro Shimada, a former Siemens AG executive, who only joined in 2018, will become the new interim head of the company effe...
01 Mar, 2022, 11.47 AM IST
Toshiba sets March date for initial vote on break-up planThe final vote to determine whether to break up the 146-year-old conglomerate won't happen until next year but the meeting will be an impor...
14 Feb, 2022, 12.38 PM IST
Toshiba says now plans to split into two companies instead of threeIts revised plan is still expected, however, to face much pushback from foreign hedge funds, many of whom have been opposed to any kind of ...
07 Feb, 2022, 12.12 PM IST
Toshiba plans to split into three firms, shareholder reaction in focusJapan's Toshiba Corp has outlined plans to break up into three independent companies by spinning off two core businesses - its energy and i...
12 Nov, 2021, 01.04 PM IST
Toshiba set to announce split into three firms, shareholder reaction in focusThe plan - borne of a strategic review undertaken after a highly damaging corporate governance scandal - is aimed at improving shareholder ...
12 Nov, 2021, 10.32 AM IST
Toshiba shareholders vote to oust board chairmanToshiba was once a symbol of Japan's advanced technology and economic power but has lurched from scandals and losses to a recovery in recen...
25 Jun, 2021, 10.02 AM IST
Toshiba board chairman fails to win reappointment in pivotal shareholder voteFor many, the result at the annual general meeting marks a new watershed moment for corporate governance in Japan after activist Toshiba sh...
25 Jun, 2021, 09.41 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 corporate scandal: Chairman says wants to stay on, says new directors neededToshiba has come under fierce scrutiny after an independent investigation last week revealed management colluded with Japan's powerful trad...
14 Jun, 2021, 03.46 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
Big in Japan? Hope at home for Toshiba's nuclear arm after US debacleFor Toshiba, the main contractor or a major component supplier to 20 of those reactors, that's a stable business, and one of its most profi...
31 Mar, 2017, 03.13 PM IST