/ Apr 27, 2017

Japan-U.S. consortium to bid for Toshiba chip unit

A Japanese state-backed corporate turnaround fund and U.S. investment fund Kohlberg Kravis Roberts may form a consortium with several Japanese firms to bid for Toshiba Corp.’s chip subsidiary, sources said Wednesday. A consortium of the Innovation Network Corp. of Japan, the state-owned Development Bank ...

/ Apr 26, 2017

Hitachi may team up with U.K. fund to buy Toshiba unit

Hitachi may work with a British investment fund to acquire Swiss power-meter maker Landis+Gyr, a Toshiba unit being considered for sale, sources said. The acquisition is expected to cost more than ¥200 billion. A recent proposal calls for CVC Capital Partners to acquire a ...