Toshiba has decided to sell part of mobile chip business, and has put overseas nuclear operations under review. Chinese investors, though, won’t face any antitrust concerns and likely have a far bigger appetite for accepting instability as the price for getting a seat at the table. Lack of strategic access wouldn’t be ideal, but this could be seen as a first entree into the market. For Toshiba, knowing such investors are out there should embolden its executives to seek a higher price from any bidders. This may be a fire sale, but that doesn’t mean Toshiba needs to accept low-ball offers.
Source: Mint January 29, 2017 16:39 UTC