Private equity firm bids for Toshiba

Luxembourg-headquartered  private equity outfit, CVC Capital Partners has made an offer for Toshiba thought to be worth $20 billion+. Toshiba CEO and President Nobuaki Kurumatani, who previously worked for CVC, confirmed the offer earlier today and said the Toshiba board would be looking at it later today. The price us likely to be 30% over ...

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