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Finance

Goldman put Wall Street connections to work on Toshiba deal

The US bank corralled 60 funds for 'life-or-death' share sale

Goldman Sachs was chosen as the lead underwriter for Toshiba's share offering, while Nomura Securities was relegated to an advisory role.   © Reuters
JO KAWAKAMI, Nikkei staff writer | Japan

TOKYO -- Goldman Sachs clinched the job of lead underwriter for Toshiba's 600 billion yen ($5.35 billion) share offering after assembling an unlikely roster of 60 international buyers on short notice, winning the latest round of its fight with Nomura Securities for the Japanese deal-making championship.

Killer proposal

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