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

Toshiba's woes should have Chinese licking their lips - Business News


So far, the talk is that such a sale will amount to only 20% of the business – enough to raise some cash, but not so much as to give up control. 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. He previously covered technology for Bloomberg News.


Source: The Star January 29, 2017 23:25 UTC



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