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Toshiba Picks Japan Industrial Partners Led Group As Preferred Bidder

Benzinga

Toshiba Corp (OTC: TOSBF ) (TOSYY) granted a Japan Industrial Partners Inc led consortium preferred bidder status for a buyout of the iconic Japanese firm.

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Joe Biden Vows Consequences Against Saudi Arabia, Philips Warns Lower Sales & Profit, Intel Explores Substantial Job Cuts: Top Stories Wednesday, Oct. 12

Benzinga

Toyota Motor Corp (NYSE: TM ) has started operations at a new plant in Myanmar after a hiatus following the military coup. Toshiba Corp (OTC: TOSBF ) (OTC: TOSYY ) granted a Japan Industrial Partners Inc led consortium preferred bidder status for its buyout. Toshiba considered that a sale to JIP would keep the company as one entity.

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Apple Jumps Movie Production Bandwagon, Billionaire Jim Ratcliffe Bids For Manchester United, Elon Musk Seeks Funding For SpaceX From Middle-Eastern Fund: Today's Top Stories

Benzinga

Toshiba Accepts $15B Acquisition Bid From JIP Group Toshiba Corp (OTC: TOSYY ) has reportedly accepted an acquisition offer from a Japanese consortium. The company's board approved a bid of $15.3 The group comprises about 20 Japanese companies, including Orix Corp (NYSE: IX ), Rohm Co, and Chubu Electric Power Co.

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End Of An Era: Toshiba Delisted From Tokyo Stock Exchange After 74 Years

Benzinga

Japanese tech giant Toshiba Corp (OTC: TOSBF ), (OTC: TOSYY ) concluded its 74-year presence on the Tokyo stock exchange on Wednesday, bringing an end to a tumultuous decade marked by scandals and a substantial $14 billion buyout. and Rohm Co Ltd , as reported by Reuters. Full story available on Benzinga.com