Toshiba receives interest from 10 potential buyers | Print4Pay Hotel

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Japanese conglomerate Toshiba has 10 parties potentially interested in making an offer to buy the company.

In April, Toshiba announced it formed a special committee to ‘engage with potential investors and sponsors, and review strategic alternatives’ ahead of a potential sale.

In an announcement this week, it said a total of 10 companies had expressed an interest in submitting bids to buy the company.

The deadline for submitting bids is May 30, after which proposals will be evaluated and discussed ahead of the firm’s next AGM, which was originally scheduled for June 25.

Bain Capital, CVC Capital Partners, and KKR & Co. are reportedly interested parties. Toshiba’s market cap is currently around $18 billion. read more here

5/16/229:25 PM

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