Toshiba receives interest from 10 potential investors
It also announced a special dividend of ¥160 per share, worth some ¥70 billion, in an apparent effort to placate activist shareholders it has long been at odds with.
Private equity firms eyeing Toshiba buyout face nuclear dilemma
Toshiba’s nuclear business is involved in decommissioning the Fukushima No. 1 nuclear plant, making it hard for the government to accept a transfer of ownership to an overseas firm.
Toshiba’s talk of privatization leaves some analysts with doubts
Toshiba is in talks with financial institutions on a buyout plan that would be led by domestic investors.
Toshiba's largest shareholder Effissimo Capital Management indicated it would sell Toshiba shares it holds to Bain Capital if it launched a takeover bid for the Japanese firm.
Toshiba gloom offers CEO chance to push forward with digital strategy
Recent votes by shareholders allow Taro Shimada to keep — at least for now — businesses pivotal to his digital strategy that predecessors had planned to sell.
Toshiba faces unclear future after shareholders knock back two rival proposals
The result of the extraordinary general meeting appears to leave Toshiba with no immediate clear direction.
Toshiba’s $4 billion elevator unit attracts interest from Midea and Otis
Shareholders are set to vote on Toshiba’s plan to split into two companies and sell noncore assets including the elevator operations.
Hedge fund activists battle old Japan in Toshiba’s crucial vote
Shareholders will vote on two proposals: one, from Toshiba, asks them to support a two-way split; a competing one, put forward by 3D, calls for the company to reconsider alternatives.
Toshiba dealt blow as advisory firm urges investors to reject planned split
Once among Japan’s most revered companies, Toshiba has been in crisis mode for years due to repeated scandals and management missteps.
Toshiba CEO Tsunakawa resigns amid restructuring controversy
The resignation of Toshiba's CEO comes amid turmoil over a plan to split the company into two entities.
Toshiba to hold extraordinary meeting in March on new separation plan
The meeting, intended to gain feedback from investors, presents the possibility of a showdown with activist stock holders that may oppose the conglomerate’s restructuring proposal.
Troubled Toshiba to split into two firms instead of three
The new plan scraps the earlier intention to separate out its infrastructure operations, which will instead continue to be under Toshiba Corp.
