JIC evaluating bid for Toshiba

The Japanese bail-out fund JIC (Japan Investment Corporation) is weighing up a bid for Toshiba, reports Bloomberg. JIC has signed a confidentiality undertaking to allow it to access Toshiba data to evaluate an offer. JIC, a public-private partnership, is majority owned by the Japanese government. Toshiba has had ten offers from buy-out funds to take ...

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