Chubu Electric, Orix and other Japanese companies consider investing in Toshiba

© Reuters. FILE PHOTO: Logo of Toshiba Corp. is displayed on top of the company’s facility building in Kawasaki, Japan June 24, 2022. REUTERS / Issei Kato

TOKYO (Reuters) – Chubu Electric Company, Orix (NYSE 🙂 Corp and other Japanese companies are considering investing in Toshiba (OTC: ) Corp , the newspaper reported on Sunday .

Toshiba is publicly seeking strategic proposals and restructuring plans, including going private after the acquisition.

Among the bidders selected for the second round of bidding, Japan Industrial Partners (JIP), a domestic holding company, contacted more than 10 companies including Chubu Electric and Orix to participate in the plan and bring the bid bid as a consortium of Japanese companies, Nikkei reported, without citing sources.

Source link


News5h: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button