Japan Industrial Partners

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

A US$14 BILLION tender offer to take Toshiba private is set to succeed, the Japanese company said on Wednesday (Sep 20), clearing a way for Japan’s biggest deal this year.

2023-09-20T10:48:22.000Z

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.

Companies & Markets

Toshiba announces offer from JIP as saga enters its final stages

TOSHIBA said it received an offer from a Japanese group as the conglomerate moved a step closer to ending a troubled chapter in its 148-year history – after a series of scandals plunged it into diffic...

2023-02-09T08:06:33.000Z

Companies & Markets

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

THE preferred bidder for Toshiba was not able finalise its planned 1.4 trillion yen (S$14 billion) in financing for the acquisition as of Friday (Dec 30), two sources said, delaying into next year its...

2022-12-30T12:35:57.000Z

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