TOKYO -- Toshiba has granted the preferred bidder status to an investment group led by Japan Industrial Partners (JIP) in a potential buyout of the Japanese industrial conglomerate, Nikkei has learned.
Toshiba in turmoil
Toshiba buyout: Japanese investor group selected as preferred bidder
Negotiations likely to focus on buyout price, funding
Toshiba has granted the preferred bidder status to an investment group led by Japan Industrial Partners. (Photo by Tsuyoshi Tamehiro)
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