The Turn Of A Millenium For Japanese Toshiba
<p>Toshiba has no cash to invest in its future, so it offers itself for a buyout. It receives offers from a group of investors led by Japanese Investment Corp for $14bn.</p>
<p>There is ongoing discussion about whether to split the company into many operations and treat each as a profit centre. However, its future operation is not decided.</p>
<p>‘’It’s not clear how the new owners plan to turn around Toshiba but its outgoing chairman has said high-margin…</p>
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