TOKYO -- Toshiba's board has suggested it is waiting for further details of a privatization proposal from CVC Capital Partners, two days after Nikkei reported that the private equity firm was considering leading a $20 billion buyout of the Japanese engineering conglomerate.
Companies
Toshiba waits on more clarity over CVC buyout offer
Board chair warns of long review and financing process
Toshiba said CVC's proposal does not go through a detailed review of its business.(Photo by Yo Inoue)
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