JIP’s Toshiba going private, progress to secure financing Concrete in reconstruction plan = related sources | Reuters
Makiko Yamazaki Ritsuko Shimizu TOKYO (Reuters) – Japan Industrial Partners (JIP), which has preferential negotiating rights in Toshiba’s restructuring plan, is making progress toward securing the financing needed to take the company private, sources said. Financial institutions believe that JIP’s plan to revive Toshiba has become more concrete, and each bank is now at the … Read more