Toshiba becomes the private company after absorption consortium TBJH

@Kommersant
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Toshiba COR reported about a successful conclusion of process of repayment of a considerable share of actions of companies its largest shareholder — consortium TBJH. The consortium headed by the private investment company by Japan Industrial Partners (JIP), possesses now 78,65% of the stocks Toshiba. The cost of the transaction made $14 billion. It is planned that on September 27 on condition of approval from outside shareholders transition of Toshiba to structure of the new parent companies will be finally fixed. Then within a month Toshiba leaving from the Tokyo stock exchange at which actions of companies were quoted during is expected...
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Taro Simada
Last position: President, CEO (Toshiba)
Toshiba
Main activity:Communication and IT
Westinghouse Electric
Main activity:Communication and IT