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© 2022 AFPToshiba in early talks with 10 potential buyout 'partners'
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© 2022 AFP
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David Brent
I hope any new buyer does their due diligence. Japanese companies get away with cooking their books as a matter of course. Probably billions of yen off the balance sheet somewhere.
GBR48
More large companies will do this, if they need to escape the asset-stripping shareholders, looking to make a quick buck at the expense of the company as a whole and its long-term sustainability.
lostrune2
Not a chance
"Any move by a foreign equity fund to take Toshiba private would likely face regulatory hurdles, because the company handles sensitive sectors such as nuclear power generation and defense equipment."
sakurasuki
Who really decide voting for company direction?
https://news.bloomberglaw.com/esg/toshiba-sought-ministry-help-to-swing-key-vote-probe-finds-3
Rodney
Maybe it would be wise to add innovation and involve a partnership with a Chinese company. Access to 1.4 billion customers?