Exclusive-Bidders weigh up to 7,000 yen/share offer in $22 billion Toshiba buyout -sources

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TOKYO/HONG KONG :Bidders for Toshiba Corp are considering offering up to 7,000 yen ($51.41) per share to take the troubled Japanese conglomerate private, three people familiar with the situation told Reuters, valuing the deal at about $22 billion.

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Toshiba said in a statement to Reuters that it would not disclose details of the proposals.

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Category: Economy

Topics: Toshiba Range People Share Capital Corp Proposals Partners Mediacorp Japan Price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-22, 19:50:56

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Reading Time: 3 minutes read

Article Length: 403 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 3581

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About Channel News Asia

Main Topics: Economy

Official Website: channelnewsasia.com

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Year Established: 1999

Headquarters: Singapore

News Last Updated: 1h ago

Coverage Areas: Singapore

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Publication Timezone: GMT +8:00

News Language: English

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Publisher ID: #27

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