Toshiba Corporation (0Q0C.L)
| Previous close | 5,665.00 |
| Open | 5,737.30 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 5,737.30 - 5,762.00 |
| 52-week range | 5,737.30 - 5,762.00 |
| Volume | |
| Avg. volume | N/A |
| Market cap | 3.219T |
| Beta (5Y monthly) | 0.77 |
| PE ratio (TTM) | 13.07 |
| EPS (TTM) | 440.87 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters
Exclusive-Japanese buyout firms JIP, Polaris considering bids for Toshiba - sources
Japanese buyout firms Japan Industrial Partners (JIP) and Polaris Capital Group are each considering participating in bids for Toshiba Corp, two people familiar with the matter said on Friday. Toshiba, which has been bedevilled by accounting and governance crises since 2015, set up a special committee last month to explore strategic options, including potential deals to go private, after shareholders voted down a management-backed restructuring plan. Both funds, far smaller than some global private equity firms, would need to team up with others, the sources said.
- Reuters
Japan's Toshiba brings in M&A adviser and activists in board overhaul
Toshiba Corp nominated an executive from M&A advisory firm Houlihan Lokey as chairperson and activist shareholders as outside directors on Thursday, in a board overhaul that could intensify pressure to take the conglomerate private. Ahead of its annual shareholders' meeting on June 28, Toshiba nominated Akihiro Watanabe, the founder of Japanese M&A advisory firm GCA Corp, which was recently acquired by U.S. investment bank Houlihan Lokey. It also proposed Nabeel Bhanji, a portfolio manager at Elliott Management, and Eijiro Imai, managing director at Farallon Capital Management, would be given board seats, a potential turning point in a long battle between Toshiba and its activist shareholders.
- Bloomberg
Toshiba Taps Activists for Board, Boosting Odds of Buyout
(Bloomberg) -- Toshiba Corp. tapped candidates from its activist shareholders to serve as directors, increasing the likelihood of privatization as a staunch opponent of a buyout will step down from the board. Most Read from BloombergRussian Wins in Eastern Ukraine Spark Debate Over Course of WarElon Musk Says Bill Gates Has ‘Multi-Billion Dollar’ Tesla Short PositionFord Beats Tesla to the Punch With First Electric F-150 DeliveryZilingo’s Fired CEO Responds to Questions of Mystery PaymentsBitcoi
