Goldman put Wall Street connections to work on Toshiba deal

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

1130N Goldman Sachs logo (REUTERS)

Goldman Sachs was chosen as the lead underwriter for Toshiba's share offering, while Nomura Securities was relegated to an advisory role.

JO KAWAKAMI, Nikkei staff writer

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.

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