Japan Industrial Partners

Toshiba says JIP's US$14 billion tender offer set to succeed

A sale to the JIP-led group would mean Toshiba’s nuclear power business, which is deemed important to national security, wouldn’t pass into foreign hands.

Toshiba announces offer from JIP as saga enters its final stages

FILE PHOTO: The logo of Toshiba Corp. is displayed atop of the company's facility building in Kawasaki, Japan June 24, 2022.  REUTERS/Issei Kato/File Photo

Toshiba bidder JIP still hasn’t secured firm commitments from lenders, sources say