Toshiba faces investor call to seek alternatives to CVC bid

By Makiko Yamazaki

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The current CVC bid has a bad odour about it, with the Toshiba president a former CVC employee, and no doubt still well-connected. A competitive bid would ruin his potential retirement package!

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Proper corporate governance and independent auditing simply does not exist in Japanese companies. This is why I would never invest in one. The balance sheet and P&L cannot be trusted.

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He's due to go - declining trust in his leadership both at the company and among investors.

Huge conflict of interest! Announcement soon.

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