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General

Toshiba mulls JPY 600 bln offering - report

Friday 10 November 2017 | 15:54 CET | News
Toshiba may launch a new share offering of JPY 600 billion if the sale of its memory business to Bain Capital for JPY 2 trillion falls through or delays too much, the Wall Street Journal reported, citing sources familiar with the matter. Japanese public broadcaster NHK first reported the possible fundraising. Toshiba said in a statement that it was looking at options to bolster its capital but no final decisions have been made.

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Categories: General
Companies: NHK / Toshiba
Countries: World
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