Japanese chipmaker Kioxia files for IPO; sources say it's targeting DecemberKioxia is the first company to have chosen to operate under new rules in Japan which allow firms to communicate with potential investors in...
08 Nov, 2024, 04.39 PM IST
Toshiba to go private after winning shareholder support for JIP's $14 billion takeover offerA consortium led by Japan Industrial Partners (JIP) has acquired a 78.65% stake in Toshiba through a tender offer, bringing the company clo...
21 Sep, 2023, 07.39 AM IST
Toshiba prepares for $14 bn deal to go privateToshiba's scheme to take a deal worth around $ 14 billion that will begin on Tuesday, according to the company. The Japan Industrial Partne...
07 Aug, 2023, 04.50 PM IST
Toshiba board recommends shareholders support JIP-led $14 billion buyoutThe board earlier this year accepted the buyout offer, which would value the conglomerate at 4,620 yen a share or 2 trillion yen ($14.29 bi...
08 Jun, 2023, 10.42 AM IST
Kioxia, Western Digital speed up merger talks as memory chip demand slumps: reportJapan's Kioxia and US chipmaker Western Digital have been hit hard by plunging market demand and oversupply. Combining their flash memory b...
15 May, 2023, 11.22 AM IST
Toshiba working with JIP to expedite $15-billion buyoutAfter Toshiba's board in March accepted a 2 trillion yen ($14.8 billion) buyout offer from the JIP-led group, Toshiba has "received positiv...
12 May, 2023, 02.05 PM IST
Orix confirms plan to invest $1.5 bln in Toshiba buyoutThe decision is based on its "positive views of Toshiba's corporate value and executability of management's reform plan," the company said ...
10 May, 2023, 03.26 PM IST
Toshiba to go private as board accepts $15 bn takeover bid: reportsWhen approved under global competition laws, the acquisition, which has an estimated value of two trillion yen ($15 billion), is expected t...
23 Mar, 2023, 04.05 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
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 walked away from potential buyout talks and Brookfield offerToshiba's decision to not pursue either course - some details of which have not been previously reported - and instead focus on a plan to s...
06 Dec, 2021, 09.57 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 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