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TOSHIBA RESTRUCTURE
Newly privatised Toshiba to cut 4,000 jobs in restructuring driveToshiba announces plans to cut up to 4,000 jobs in Japan as part of restructuring efforts following its takeover by a consortium led by Jap...- 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...
- 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.
- 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...
- 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...
- 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 ...
- 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...
- 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...
- 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 ...
- 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...
- 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...
- For several private equity firms, Japan offers more opportunities than ChinaJapan presents more attractive targets, for reasons that are as much political as financial
- Toshiba to exit home appliance, TV business in India as losses mountToshiba has informed key trade partners and dealers in India about its decision and has stopped importing goods for over a month now.
- Toshiba to book record loss, cut 5% of workforce this yearToshiba Corp said on Monday it would book a record net loss this year and cut around 5 percent of its workforce as the sprawling conglomera...
- L&T to restructure non-core businesses, sells stake in L&T Plastics MachineryL&T shares remained subdued even as it signed a share sale & purchase agreement with Toshiba Machine, to sell its stake in L&T Plastics.
- Asia-Pacific tech M&A growth outpaces global averageShrugging off tough market conditions, the Asia-Pacific region, including India, saw healthy M&A deal trends in the technology sector last ...
- Toshiba names new presidentToshiba Corp said on Wednesday it has named a new president, joining a string of other Japanese companies in shuffling management amid a cr...
- Toshiba eyes drastic reform of chip businessJapanese electronics giant Toshiba said it plans "drastic" reform of its chip business amid a report it was in talks with rival NEC on inte...
- Hewlett-Packard keeps lead over Dell in PCsHewlett-Packard Co maintained its lead over Dell Inc in the global personal-computer market in the first quarter, market researcher IDC sai...
- GE to sell arms for $3.8bnGeneral Electric said on Thursday that it had agreed to sell its advanced materials business, which includes silicones and quartz, to priva...
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