Corporate governance issues haunt troubled Toshiba as it faces off with investors
Amid scandal, a shareholders meeting on Friday is set to be a showdown between Toshiba’s board, who are pushing to retain Chairman Osamu Nagayama, and investors who want him out.
Toshiba mulls rejecting buyout offer, a day after CEO linked with bidder quit
The industrial conglomerate's potential rejection of the buyout plan raises the possibility of a hostile takeover bid by U.K. equity firm CVC Capital Partners.
Toshiba CEO's exit raises doubts over buyout offers
The decision came as factions within the firm mounted resistance to a preliminary buyout offer from CVC Capital Partners — where outgoing chief Nobuaki Kurumatani previously worked.
Toshiba again seeks acquisitions after string of deal flops
Chastened by a string of disastrous overseas acquisitions, the industrial giant is once again looking to buy — this time more cautiously and closer to home.
Toshiba CEO Nobuaki Kurumatani to be given additional title of president in April
Toshiba Corp. Chief Executive Officer Nobuaki Kurumatani will add the title of president effective April, part of a revamp among top management aimed at speeding up decision-making. Satoshi Tsunakawa, the current president who was promoted in 2016 following an accounting scandal, will resign and become ...
