Tag: Toshiba split-off

Here you will find all the articles with the tag: Toshiba split-off.

Toshiba shortlists potential buyers

Toshiba shortlists potential buyers

Toshiba recently made a shortlist of candidates for the organization's acquisition. The board indicates it's not interested in a quick deal. The list includes ten potential buyers. Eight of the candidates propose to privatize and delist the company. Two of the candidates propose to invest while... Read more

date3 months ago
Toshiba scraps split-off plans and seeks alternative

Toshiba scraps split-off plans and seeks alternative

Toshiba definitively scrapped its planned split-off. The organization is discussing an alternative future. Going private is a serious possibility. Toshiba announced it's looking for "strategic alternatives" for the future. One option is privatisation, which would see the organization delisted. ... Read more

date6 months ago
Toshiba shareholders reject split-off and acquisition

Toshiba shareholders reject split-off and acquisition

Toshiba's shareholders have voted to reject the split-off proposed by Toshiba's management. The acquisition proposed by shareholders was denied as well. In late 2021, Toshiba's management proposed splitting the organization into separate entities. This week, shareholders rejected the propositio... Read more

date7 months ago
Toshiba CEO Tsunakawa steps down unexpectedly

Toshiba CEO Tsunakawa steps down unexpectedly

Toshiba CEO Satoshi Tsunakawa has unexpectedly resigned. Tsunakawa's decision is a symptom of the growing opposition to Toshiba's restructuring plans. In late 2021, Toshiba announced that it wanted to split into three divisions. In recent months, internal opposition to the restructuring plans ha... Read more

date7 months ago
Toshiba refuses buyout plans from venture investors

Toshiba refuses buyout plans from venture investors

According to Reuters, Japanese tech giant Toshiba is sticking to its plan of splitting the organization into three separate parts. The company has recently refused several acquisition proposals from private investment companies. After a series of scandals, Toshiba announced that it wanted to reg... Read more

date10 months ago
Toshiba plans to split into three companies

Toshiba plans to split into three companies

Toshiba plans to split into three separate companies. To do this, the Japanese tech group is divesting its energy and infrastructure, and device and storage divisions. Toshiba itself will continue as a shareholder in other tech companies. According to Reuters, the major structural change is prom... Read more

date11 months ago