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Storage

Toshiba To Go Private In $15B Deal

Data center

Toshiba To Go Private In $15B Deal

Joseph F. Kovar
March 23, 2023, 05:02 PM EDT

Talks between Toshiba and potential acquirers have been going on for about a year, with JIP Group finally getting the OK for a deal priced lower than what was previously offered before Toshiba saw a financial downturn and a drop in value of its Kioxia semiconductor and hard drive business.

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