Toshiba
Newly privatised Toshiba to cut 4,000 jobs in restructuring drive
JAPAN’S Toshiba said on Thursday (May 16) it will cut up to 4,000 jobs domestically as the industrial conglomerate accelerates restructuring under new ownership.
Toshiba to cut 5,000 jobs in latest bid to restructure
Toshiba plans to cut 5,000 jobs in Japan, or roughly a tenth of its domestic headcount, in a bid to cut costs and focus on its infrastructure and digital technology operations, the Nikkei reported on ...
Bain proposes IPO of Japan’s Kioxia to clear way for US$5.8 billion loan refinance: source
BAIN Capital has proposed an initial public offering (IPO) of Japan’s Kioxia Holdings as part of a plan to allow the money-losing chipmaker to refinance a US$5.8 billion loan coming due in June, accor...
Toshiba to be delisted after 74 years, faces future with new owners
Toshiba will be delisted on Wednesday (Dec 20) after 74 years on the Tokyo exchange, following a decade of upheaval and scandal that brought down one of Japan’s biggest brands and ushered in a buyout ...
Japan sets aside 129.4 billion yen for chipmakers Toshiba and Rohm
JAPAN is earmarking 129.4 billion yen (S$1.2 billion) to Rohm and Toshiba’s joint push to boost production of power semiconductors, seen as key to lifting energy efficiency in electric vehicles (EVs) ...
Toshiba says US$14 billion takeover bid by JIP has succeeded
TOSHIBA said on Thursday that a US$14 billion tender offer from private equity firm Japan Industrial Partners (JIP) had ended in success - a deal which paves the way for the embattled industrial congl...
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.
Effissimo to sell Toshiba stake in JIP offer, source says
SINGAPORE-BASED Effissimo Capital Management, Toshiba’s largest shareholder, has decided to tender its 9.9 per cent stake in the US$14 billion takeover offer by Japan Industrial Partners (JIP), a sour...
JIP to launch 2 trillion yen tender offer for Toshiba on Tuesday
TOSHIBA said on Monday (Aug 7) a group led by private equity firm Japan Industrial Partners (JIP) would launch a US$15-billion tender offer on Aug 8 to take the industrial conglomerate private and put...
Japan chipmaker Rohm to invest 100 billion yen in Toshiba buyout fund
JAPANESE chipmaker Rohm said on Tuesday (Jul 18) it will invest 100 billion yen (S$956 million) in a fund backed by Japan Industrial Partners (JIP), which is launching a tender offer for Toshiba.
