Toshiba Pivots to Privatization and Restructuring

Toshiba has taken a significant step by agreeing to a buyout led by Japan Industrial Partners (JIP). This move will result in Toshiba going private, with the consortium acquiring almost 80% of its shares. CEO Taro Shimada celebrated this development: “We’re stepping toward a new future with new shareholders.” This comes after a tumultuous period […]

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