TOSBF - Toshiba roundup: Strategic review $1.4B shareholder return and DarkSide breach

Toshiba ([[TOSBF]],[[TOSYY]]) is establishing a strategic review committee and has UBS on as an advisor to examine its options, which include going private.The Japanese conglomerate also plans to return an additional 150 billion yen ($1.37 billion) to shareholders to ease tensions.Last month, Toshiba CEO Nobuaki Kurumatani stepped down and handed the reins to then-chairman Satoshi Tsunakawa due to a loss of support among company insiders and shareholders.Toshiba had received a $21B unsolicited offer from CVC Capital Partners to take the company private. Less than a week after the CEO transition, Toshiba announced that the CVC bid had stalled. Separately, Toshiba's French Toshiba Tec subsidiary says it was breached by DarkSide, the same ransomware group behind the Colonial Pipeline attack.Toshiba Tech, which makes bar code printers, says only a minimal amount of its work data was lost in the attack.Related: Toshiba reports FY results

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Toshiba roundup: Strategic review, $1.4B shareholder return and DarkSide breach