TOKYO—Japanese industrial conglomerate Toshiba Corp. said Thursday it has agreed to a deal worth ¥2 trillion, equivalent to $15 billion, to take the company private.
Toshiba said the buyout would be led by Japan Industrial Partners Inc., a Tokyo-based investment fund. It said the buyers were offering ¥4,620 a share, about 10% above the closing price of ¥4,213 in Tokyo Stock Exchange trading Thursday. That values the company at about ¥2 trillion.
Already a subscriber? Sign In
Sponsored Offers
- SHEIN:
30% off using this SHEIN coupon code - DoorDash:
50% off + free delivery on $20 orders with DoorDash promo code - Vitacost:
Knock 20% off your purchase of on Spring Cleaning Products with Vitacost Coupon Code - Nike:
Nike promo code: Get up to 25% off your purchase - Wayfair:
Wayfair Coupon - 20% Off - Walmart:
Walmart Spring Coupons, Sales, Deals & Rollbacks - Up to 80% off
