Trending: Toshiba Corp. Considers $19 Billion Take-Private Offer
0610 GMT - Toshiba Corp. is one of the most mentioned companies in the news over the past 10 hours, according to Factiva data, after reports that it is considering selling itself for about $19 billion. A consortium led by private-equity firm Japan Industrial Partners Inc. is looking to rebuild the Japanese conglomerate, Kyodo reported, citing unnamed sources. A Toshiba spokeswoman declined to comment beyond the company's Sept. 30 statement that it had received written indications of interest from potential partners for strategic alternatives. Toshiba shares ended 7.4% higher at 5,512 yen after rising by as much as 9.4% earlier. Dow Jones & Co. owns Factiva. (jacques.vanwersch@dowjones.com)
(END) Dow Jones Newswires
October 13, 2022 02:25 ET (06:25 GMT)
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