business2 years ago
Toshiba Agrees to $15 Billion Buyout Deal with Japan Investors.
Toshiba is planning to go private in a $15 billion deal with a group of investors led by Bain Capital. The deal would take Toshiba off the Tokyo Stock Exchange and make it a private company. The move is aimed at giving Toshiba more flexibility to restructure its business and focus on long-term growth.