$14 Billion Transformation

daniyal hashim

Toshiba made a noteworthy announcement on Thursday 

This development signifies a pivotal stride in Toshiba’s transformation from a publicly traded conglomerate to a privately held entity 

Toshiba: A $14 Billion Transformation

Under the leadership of JIP, a consortium emerged triumphant by securing 78.65%  

This sizable ownership stake grants them the authority to compel the remaining shareholders  

In March, the company accepted a buyout offer that appraised the conglomerate’s value at 2 trillion yen ($13.5 billion) 

He establishment of a stable and supportive shareholder base is deemed pivotal 

Toshiba’s journey since 2015 has been fraught with formidable challenges 

Toshiba’s acceptance of a $14 billion tender offer by Japan Industrial Partners 

Moreover, as Toshiba enters this new phase 

Finally, this development marks Toshiba’s reinvention


By Fern Greenthumb January 31, 2020