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NA: Toshiba buyout bid faces hurdles, including CVC conflict of interest

NA: Toshiba buyout bid faces hurdles, including CVC conflict of interest

NIKKEI ASIA reports:
 The $20 billion buyout offer for Toshiba by CVC Capital Partners gives the Japanese conglomerate a chance to part ways with activist investors and focus on growth strategy. But the deal faces a number of hurdles involving investors, management and regulators.
Toshiba confirmed Wednesday that it received an “initial” proposal from the global private equity firm. “Discussions have only just begun,” a company executive said after a board meeting Wednesday …

The post NA: Toshiba buyout bid faces hurdles, including CVC conflict of interest appeared first on The Loadstar.


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8 April 2021, 16:01