CVC to enlist Japanese companies in Toshiba takeover bid

Private equity firm aims to take conglomerate private as early as October

20210409 Toshiba evening scoop

Private equity firm CVC plans to offer 5,000 yen per share to acquire Toshiba, a 30% premium over its recent share price. © Reuters

Nikkei staff writers

TOKYO -- Private equity firm CVC Capital Partners plans to enlist Japanese companies and a state-backed investment fund in its $20 billion bid to acquire Toshiba, Nikkei has learned.

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