Toshiba Gets Privatization Proposals - Guess How Many Are Interested

Japanese multinational Toshiba Corp TOSYY has received eight proposals for privatization and two to form capital alliances that would make it remain listed.
The company’s board of directors and a special committee have previously sought proposals for strategic alternatives after the shareholders voted against a proposed restructuring plan.
The proposals received are not legally binding ones.
Toshiba said it would evaluate the proposals and call the selected ones for a final process after its annual shareholders meeting on June 28, 2022.
KKR & Co. Inc KKR, Blackstone Inc BX, Bain Capital, Brookfield Asset Management Inc BAM, MBK Partners, Apollo Global Management, and CVC Capital Partners were considering bids, Reuters reported.
Price Action: PVH shares closed higher by 0.74% at $71.40 on Wednesday.
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