Toshiba’s woes should have Chinese licking their lips - News Summed Up

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Toshiba’s woes should have Chinese licking their lips


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



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