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TOSHIBA SCANDAL
Bain-backed chipmaker Kioxia's market value set at $4.9 billion in IPOKioxia, backed by Bain Capital, is set to go public with a market value estimated at around $4.85 billion. The IPO is expected to raise app...- 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 to be delisted after 74 years, faces future with new ownersThe conglomerate is being taken private by a group of investors led by private equity firm Japan Industrial Partners(JIP) which also includ...
- Toshiba delisted after 74 years, faces future with new ownersToshiba was delisted on Wednesday after 74 years on the Tokyo exchange, following a decade of upheaval and scandal that brought down one of...
- 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...
- 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...
- 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...
- 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...
- 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...
- 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 ...
- 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...
- 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...
- 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...
- 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.
- Westinghouse mum on Andhra N-plant after Toshiba exits from nuke bizOfficials said India will wait for communication from its American partner on the future of the project.
- Toshiba chairman says banks ready to offer conditional financial supportThe company is seeking creditors' support to weather yet another financial blow, even as it still tries to recover from a $1.3 billion acco...
- Toshiba to announce business plan on FridayJapan's Toshiba Corp said it would unveil its business strategy for next fiscal year on Friday in an announcement expected to include plans...
- 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.
- Taking stock: Here's why Vishal Sikka and Stephen Hawking's stock went up this weekA round-up of those whose worth went up or down today: Vishal Sikka (Up), Stephen Hawking (Up) and Hisao Tanaka (Down).
- 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.
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