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Japan's Toshiba set to end 74-year stock market history

2023-09-21 10:46
A group of investors plans to take the company private after buying more than 78% of its shares.
Japan's Toshiba set to end 74-year stock market history

Toshiba, one of Japan's biggest and oldest firms, is set to end its 74-year stock market history as a group of investors have bought a majority stake.

The company has announced that a consortium led by private equity firm Japan Industrial Partners (JIP) has purchased 78.65% of its shares.