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TOKYO (BLOOMBERG) - Toshiba said it is splitting into three separate companies as part of an effort to improve shareholder value, responding to pressure from activists after years of scandal and ...
(Bloomberg) -- Toshiba Corp. said it would divide into two companies and sell non-core assets, scrapping an initial three-way split that faced fierce criticism from activist shareholders.Most Read ...
Under the new restructuring, Toshiba will just split off its device business, including the power chip unit. Previously it had aimed to split into three companies - one for energy and ...
Toshiba Corp outlined plans on Friday to split into three companies in an attempt to appease activist shareholders calling for a radical overhaul of the Japanese conglomerate after years of scandals.
TOKYO (Reuters) -Toshiba Corp announced on Monday that it now aims to break up into two companies instead of three, while also unveiling a big boost to planned shareholder returns in an effort to ...
Toshiba is expecting offers for a number of its most attractive businesses from private equity and strategic buyers even before it begins a process to split itself into three new companies. The ...
Toshiba to split up its businesses Toshiba is to restructure itself into three separate entities, reports the Nikkei. One will focus on devices e.g. HDDs, one on infrastructure, e.g. power stations, ...
Toshiba Corp said it now aims to break up into two companies instead of three and also unveiled a big boost to planned shareholder returns in an effort to appease angry investors.
Artisan Partners, one of the biggest U.S. investors in Toshiba Corp., generally supports the conglomerate's plan to separate into three companies.
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