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SoftBank picks Nomura, Goldman, three others to lead mobile unit's IPO: source

Oct 12 2018

TOKYO SoftBank Group Corp has chosen five investment banks, including units of Nomura Holdings Inc and Goldman Sachs, as lead underwriters for the mammoth initial public offering of its mobile-phone unit, a person with direct knowledge of the matter said on Friday.

China approves Toshiba's sale of $18 billion chip unit to Bain consortium

May 17 2018

TOKYO Toshiba Corp said on Thursday that China regulators have approved the $18 billion sale of its chip unit to a consortium led by U.S. private equity firm Bain Capital, marking the end to a year-long saga surrounding its most prized asset.

Takeda sounds out banks for loans as it moves towards Shire bid: sources

Apr 12 2018

TOKYO Takeda Pharmaceutical has sounded out its major creditors for loans, two sources with direct knowledge of the matter said, as it moves closer to a bid for London-listed rare disease specialist Shire that could hit $50 billion.

Activist fund says Toshiba chip unit worth as much as $40 billion

Apr 06 2018

TOKYO A Hong Kong-based activist investment fund said Toshiba Corp's chip unit was worth as much as $40 billion, double the sale price agreed with a Bain-led consortium, as it escalated its opposition to the deal.

As Toshiba's $18 billion chip unit sale faces tight deadline, IPO looms

Mar 23 2018

TOKYO Japan's Toshiba Corp faces a Friday deadline to win Chinese antitrust approval to sell its prized $18 billion memory-chip business by end-March, raising the possibility the deadline may be missed and that it will seek alternatives such as an IPO.

Japan's Mizuho sees pickup in U.S. M&A lending after tax cut

Feb 18 2018

TOKYO Japan's Mizuho Financial Group Inc sees a pickup in overseas lending after a slowdown last year in the United States, where a recently enacted corporate tax cut is widely expected to spur mergers and acquisitions (M&As).

Exclusive: Hong Kong fund tells Toshiba that chip unit sale to Bain group not necessary

Dec 11 2017

TOKYO A Hong Kong-based activist investor in Toshiba Corp has told the embattled conglomerate that the $18 billion sale of its chip unit to a Bain Capital-led group is no longer necessary after its recent capital injection, according to a letter seen by Reuters.

Exclusive: Hong Kong fund tells Toshiba that chip unit sale to Bain group not necessary

Dec 11 2017

TOKYO A Hong Kong-based activist investor in Toshiba Corp has told the embattled conglomerate that the $18 billion sale of its chip unit to a Bain Capital-led group is no longer necessary after its recent capital injection, according to a letter seen by Reuters.

Exclusive: Toshiba set to OK $5 billion injection Monday to stay listed-sources

Nov 17 2017

TOKYO Toshiba Corp will decide on Monday to raise some $5 billion from overseas investors, allowing the troubled conglomerate to remain a publicly traded company even if the sale of a key business is delayed, two people with direct knowledge of the process said.

Toshiba considering $5.3 billion capital injection: source

Nov 09 2017

TOKYO Toshiba Corp, desperate for cash to avoid a possible delisting, is considering raising about 600 billion yen ($5.3 billion) by offering new shares in a third-party allotment, a person briefed on the matter said on Friday.

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