TOKYO -- Global private equity firm CVC Capital Partners has proposed a deal to privatize Toshiba through a tender offer that is expected to be worth more than $20 billion, Nikkei learned Tuesday.
Business deals
Toshiba receives offer from CVC to go private in $20bn deal
Buyout firm's proposal includes 30% premium on Japan group's share price
Toshiba has frequently butted heads with activist investors over governance issues. (Photo by Yoshiyuki Tamai)
Read Next
Latest on Business deals
