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

Column: Mr. Musk, $ 5 billion for Twitter acquisition “withdrawal” | Reuters

[New York 20th Reuters BREAKINGVIEWS]–Everyone has a “market price”. For Tesla CEO Elon Musk, that amount could be $ 5 billion. It’s the price you can afford to withdraw from the deal to buy Twitter for a total of $ 44 billion. Returning the agreement to a blank slate will prevent the two companies from … Read more