Toshiba to go private after shareholders back takeover proposal

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By News Room 0 Min Read

Toshiba Corp. JP:6502 said Thursday that a tender offer to take the company private ended successfully.

The Japanese industrial giant in March agreed to a takeover proposal made by a consortium led by Tokyo-based private-equity firm Japan Industrial Partners that valued the company at about 2 trillion yen ($13.48 billion).

Toshiba said about…

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