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home / news releases / TOSBF - Toshiba suspends planned split to restart strategic review

TOSBF - Toshiba suspends planned split to restart strategic review

Toshiba Corp
Toshiba (OTCPK:TOSBF) said Thursday it suspended its plan to split the company in two after shareholders rejected proposals for a spinoff or sale. The company said it will set up a special committee to engage with potential investors and sponsors for strategic alternatives, including a potential take-private option. A potential sale of Toshiba's elevator business reportedly has attracted preliminary interest from industry players including Otis Worldwide.

For further details see:

Toshiba suspends planned split, to restart strategic review
Stock Information
Company Name: Toshiba Corp
Stock Symbol: TOSBF
Market: OTC
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