TOSYY News and Press, Toshiba Corp ADR From 05/10/21

GP Strategies Corporation Signs Asset Purchase Agreement with Toshiba America Energy Systems Corporation to Sell EtaPRO® Business PR Newswire COLUMBIA, Md. , May 10, 2021 /PRNewswire/ -- GP Strategies Corporation (NYSE: GPX), a global provider of workfor...

CVC Capital Partners submitted a final offer of sorts to take Toshiba ([[TOSBF]],[[TOSYY]]) private, but the Japanese conglomerate says the deal has stalled due to the lack of details in the proposal.CVC submitted letters that "merely stated that CVC would step aside to await our gu...

CVC Capital Partners is reportedly delaying its formal offer to take Toshiba ([[TOSBF]],[[TOSYY]]) after the Japanese conglomerate's CEO resigned earlier this week.The firm made a preliminary $20B offer on April 6 and said a formal proposal would follow in about 10 days.Nikkei Asian...

CVC Capital is said to be joining with Bain Capital to make an offer for Toshiba (TOSYY).CVC is expected to submit a revised offer for Toshiba that incudes Bain by Friday, according to a Nikkei report. Yesterday, the FT reported that KKR (KKR) is planning to offer more than $20...

Confirming prior reports, Toshiba ([[TOSBF]],[[TOSYY]]) CEO Nobuaki Kurumatani has stepped down and will be replaced by Chairman Satoshi Tsunakawa, effective immediately.Tsunakawa, who joined the company in 1979, had served as Toshiba's president between 2016 and 2019.Approval for Kuruma...

Toshiba ([[TOSBF]],[[TOSYY]]) CEO Nobuaki Kurumatani will reportedly resign on Wednesday after three years in the job due to clashes with activist investors and a lack of support among senior management.Nikkei Asian Review sources say Kurumatani will be replaced by Chairman Satoshi Tsunakawa....

KKR (KKR) is planning to offer more than $20b for Toshiba (TOSYY), outbidding CVC's bid, according to an FT report.Developing story ... For further details see: KKR is said to plan to outbid rival CVC for Toshiba acquisition - report

Farallon Comments on Privatization Proposal to Toshiba by CVC Toshiba's Board Has a Duty to Maximize Value by Evaluating the Privatization Proposal in a Sincere Manner through a Fair Process including a Proactive Market Check Privatization can be an Effective Measure to Impr...

Toshiba ([[TOSBF]],[[TOSYY]]) board chair Osamu Nagayama throws some cold water on the offer from CVC Capital Partners to take the company private, saying the offering isn't legally binding and that there are important factors to consider, which include the complicated path to appro...

Hitachi, Toshiba not proceeding with nuclear plans in UK; China last hope for new UK Gen III reactors, but sovereign risk? India had plans for 6 Westinghouse reactors; will they be built? Japan, US no new reactors. Rolls Royce getting serious about Small Modular Reactors; plans fo...