August 29th, 2021
Toshiba seeking options
- Reuters News Service is reporting that Toshiba is in talks with at least 4 global private equity firms, including KKR & Co., Bain Capital and Blackstone Inc.
- Seeking new strategy
- Engaging with potential bidders for company since shareholders ousted its chairman in June after "colluding with the Japanese government to put pressure on foreign investors”
- “considering and discussing a wide range of initiatives without delay”
- Hope to announce new business plan in October