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© Thomson Reuters 2021.Toshiba faces investor call to seek alternatives to CVC bid
By Makiko Yamazaki TOKYO©2024 GPlusMedia Inc.
3 Comments
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wanderlust
He's due to go - declining trust in his leadership both at the company and among investors.
Huge conflict of interest! Announcement soon.
David Brent
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.
wanderlust
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!