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© 2021 AFPLong road ahead for buyout offer, Toshiba board chair warns
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© 2021 AFP
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HimariYamada
"Long road ahead for buyout offer, Toshiba board chair warns"
In others words, the answer is no.
thelonius
I don't see what good can come from buying this company. Like buying a piece of furniture that's been hollowed out on the inside by termites. You don't realize it until the moment you sit down.
GdTokyo
I can’t see regulators allowing the Crown Jewels to be pawned off to unnamed foreign investors.
Goodlucktoyou
All the Japanese guys in my local cafe are more angry about this than China or NK.
wanderlust
So CVC don't have the money, and will need to borrow it, if they can successfully promote the deal.
They'll be in debt and seeking approval again, so no real way to speed up decision making,
Wait until they have completed their due diligence, they won't touch Toshiba and the rot within.
drlucifer
In the name of "Wa" rather than the potential that it hold. Miti, keidanren and the toshiba must be holding meetings looking at ways to thwart a foreign investor from having control of a japanese company with existence from the time of nihon teikoku.
Septim Dynasty
Nissan once said yes. So, it will be yes again.
Toshiba is in a dire situation as Nissan was in the past.
Then they should never ever squander all Japanese wealth on the biggest bubble of all times in the 1990s. This is the consequence of their historical poor thinkings.
They don't realize that China has a massive hold over Japanese real estate assets as well.
Assets liquidation and technology transfers. Many Chinese firms as well as other firms in the Southeast Asia and India want to get their hands on the pieces of Japanese, Western-made techs. Especially with China, the US-EU always put restrictions on China at acquiring certain high-end technologies that South Korea and Japan can solely buy. Toshiba has a few secrets that China wants to acquire for billions of dollars, and the Western investors will chase the money and sell them to the Chinese.
HimariYamada
Toshiba is in a dire situation as Nissan was in the past.
Toshiba is a profitable company, so profitable that it was able to increase its dividends
Returns to Shareholders and Dividend
https://www.toshiba.co.jp/about/ir/en/stock/dividend.htm
HimariYamada
Assets liquidation and technology transfers. Many Chinese firms as well as other firms in the Southeast Asia and India want to get their hands on the pieces of Japanese,
and that is why the answer will no.
drlucifer
Living in the past or on past glory.
The gap in technology between Japan and China is narrowing and in some fields China
has surpassed Japan and forged ahead.
and this is coming from someone like me who hates China with a passion. Compare the number
of patent application between the two countries even, the difference is staggering