• 11/10/2024

In buying Toshiba, a little-known fund takes on Japan Inc’s toughest job 

Reuters

Reuters was first to report that a little-known private equity firm is set to take on the toughest job in corporate Japan: turning around Toshiba. Japan Industrial Partners (JIP) is spearheading a $14 billion takeover that will see the troubled conglomerate delisted on Wednesday after 74 years on the Tokyo exchange. 

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https://www.reutersagency.com/en/reutersbest/article/in-buying-toshiba-a-little-known-fund-takes-on-japan-incs-toughest-job/