Toshiba is Set to Delist in Japan After 74 Years as Part of $14 Billion Deal
Toshiba Corporation has officially announced the successful conclusion of a $14 billion tender offer presented by private equity firm Japan Industrial Partners (JIP). This significant development marks the way forward for the beleaguered industrial conglomerate to transition into a private entity. The consortium led by JIP managed to secure a substantial 78.65% of Toshiba’s shares…