Reuters was first to report that Toshiba Corp’s board is set to appoint UBS as financial adviser to work on a strategic review for the Japanese conglomerate as it faces a possible private equity bidding war. Last month, Toshiba became the target of a potential takeover bid, and other bids could be forthcoming. Investment banks have pitched to Toshiba’s independent directors for an advisory role.
Business & Finance
Reuters first to report Toshiba board to appoint UBS as adviser for strategic review
11 May 2021, 3:54 pm 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Asia
Countries: Japan
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story