Toshiba, once a technology giant, is leaving the stock market after 74 years
September 21, 2023
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Dating from the 1800s toshibahas gone through a painful process, especially in recent years. Disagreements within the company and declining revenues brought Toshiba to the brink of extinction.
Dating from the 1800s toshibahas gone through a painful process, especially in recent years. Disagreements within the company and declining revenues brought Toshiba to the brink of extinction. However, the deep-rooted past prevents the feared from happening. blocked. Still, what happened caused major wounds for Toshiba.
The latest news comes from the tech giant’s Tokyo Stock Exchange (TSE). can be withdrawn It makes you think. Because Toshiba, the consortium led by the private equity company Japan Industrial Partners, 78.65 percent He announced that he had bought it for $14 billion. There are therefore no investors left for more than two-thirds of Toshiba.
Toshiba has become the ‘boss company’
The fact that Toshiba has been cleared of investors and the majority of its shares remain in the hands of just one group means that the company “boss companyThis means that shares listed on the TSE since 1949 can be delisted. The withdrawal of the exchange will not happen immediately, but by the end of the year Everything is expected to become clear.
The name that made statements on this topic is Toshiba’s number one name. Taro Shimada happened. Shimada announced that they are taking a step towards a new future with a new shareholder. How will all this affect Toshiba’s future? in the coming periods We will see…
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Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.