Latest Toshiba Corp News

Asian shares rebound after advance on Wall Street

Apr. 21, 2021 23:33 PM EDT

BANGKOK (AP) — Asian shares were higher on Thursday after a broad advance on Wall Street led by technology companies and banks. Shares rose in Tokyo, Hong Kong and Sydney but were flat in Shanghai. U.S. futures edged lower. Japan's Nikkei 225...

Toshiba brushes off renewed push from CVC on acquisition bid

Apr. 20, 2021 20:16 PM EDT

TOKYO (AP) — Toshiba Corp. on Tuesday brushed off a fresh missive from CVC Capital Partners about the global fund’s proposal to acquire the Japanese manufacturer, though it stopped short of outright rejecting it. Toshiba said that a letter from CVC that it received...

Japan's Toshiba president steps down amid acquisition talks

Apr. 14, 2021 04:59 AM EDT

TOKYO (AP) — The president of Toshiba Corp. stepped down Wednesday, a week after the Japanese technology and manufacturing giant said it was studying an acquisition proposal from a global fund where he previously worked. Nobuaki Kurumatani tendered his resignation at a...

Japan's Toshiba studies acquisition proposal by global fund

Apr. 07, 2021 02:54 AM EDT

TOKYO (AP) — Japan's Toshiba Corp. says it is considering a preliminary acquisition proposal that would take the technology conglomerate private. Toshiba said Wednesday that it asked for more details on the proposal it received on Tuesday, was giving it “careful...

Asian stocks mixed after lackluster day on Wall Street

Apr. 06, 2021 23:52 PM EDT

TOKYO (AP) — Asian shares were mixed Wednesday after Wall Street took a breather, with major indexes edging lower. Japan's benchmark Nikkei fell 0.5% to 29,544.93 and the Shanghai Composite index sank 0.7% to 3,459.25. Australia's S&P/ASX 200 gained 0.3% to...