Toshiba seeking options

Art PostAdmin VIP

Reuters News Service is reporting that Toshiba is in talks with at least 4 global private equity firms, including KKR & Co., Bain Capital and Blackstone Inc.
- Seeking new strategy
- Engaging with potential bidders for company since shareholders ousted its chairman in June after "colluding with the Japanese government to put pressure on foreign investors”
- “considering and discussing a wide range of initiatives without delay”
- Hope to announce new business plan in October

9/3/219:29 AM

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