Wednesday, April 7, 2021

Toshiba receives buyout offer from global fund

Toshiba has received an acquisition proposal from global fund CVC Capital Partners in a deal likely worth around $18 million. 


The company has been under pressure from activist shareholders, who invested after its US nuclear business went bankrupt in 2017.


Phoebe Amoroso reports.


IN: Toshiba president confirmed

OUT: "Phoebe Amoroso, Tokyo.

DUR: 46 secs

CLIP: http://fsnradionews.com/feeds/0407-toshiba.mp3