Reuters revealed that Japanese buyout firms Japan Industrial Partners and Polaris Capital Group are each considering participating in bids for Toshiba Corp. Toshiba, which has been bedeviled by accounting and governance crises since 2015, set up a special committee last month to explore strategic options, including potential deals to go private, after shareholders voted down a management-backed restructuring plan.
Deals
Reuters reveals Japanese buyout firms JIP, Polaris considering bids for Toshiba
27 May 2022, 4:49 pm. 1 minute
Article Tags
Topics of Interest: Deals
Type: Reuters Best
Sectors: Equities
Regions: Asia
Countries: Japan
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story