Toshiba To Go Private On Dec 20 After US$13.4 Billion Takeover

Toshiba Corp said on Thursday it will hold an extraordinary shareholder’s meeting on Nov. 22 to approve the consolidation of its shares, which will be delisted from the Tokyo Stock Exchange on Dec. 20.

The Japanese conglomerate Toshiba last month announced the success of a 2 trillion yen ($13.4 billion) tender offer from private equity firm Japan Industrial Partners.

Reuters

Previous articleSukuk Activity To Inch Up In Q4; Geopolitical Volatilities Could Reduce Appetite: Fitch
Next articleRecommendations To The Govt On Wage Policies

LEAVE A REPLY

Please enter your comment!
Please enter your name here