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Toshiba in turmoil

Toshiba buyout: Rohm and automaker Suzuki join JIP's proposal

Japanese chipmaker to pour up to $2.1bn into takeover bid

The latest bid to take over the troubled Japanese electronics company is now under consideration. (Photo by Tsuyoshi Tamehiro)

TOKYO -- Japanese chipmaker Rohm and automaker Suzuki have joined a proposal to take over Toshiba, Nikkei learned on Wednesday.

The proposal, submitted by investment fund Japan Industrial Partners, is now being reviewed by Toshiba.

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