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Toshiba Corporation (TOSYY)
| Previous close | 14.90 |
| Open | 14.81 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 14.81 - 14.92 |
| 52-week range | 14.25 - 16.75 |
| Volume | |
| Avg. volume | 13,177 |
| Market cap | 119 |
| Beta (5Y monthly) | 0.49 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 29 Sept 2022 |
| 1y target est | N/A |
- Reuters
Toshiba sees power chips as immediate growth driver after $14 billion buyout
Toshiba Corp sees power management chips as an immediate profit driver on the back of surging electric vehicle (EV) demand, its chief executive said on Friday, as the Japanese industrial conglomerate was taken private. "We want to expand (production) capacity for power chips as quickly as possible," Chief Executive Taro Shimada told a press conference held to mark the completion of a $14 billion buyout by private equity firm Japan Industrial Partners (JIP). Toshiba plans to spend 125 billion yen ($175.57 million) to more than double power chip production, aiming to catch up with power chip giants such as Infineon Technologies AG.
- Reuters SG
UPDATE 1-Bain Capital raises $7.1 bln in largest pan-Asia PE fund this year
Bain Capital has completed the final close of its fifth pan-Asia private equity fund at $7.1 billion, exceeding its target by 40%, the U.S. investment firm told Reuters, amid a challenging macroeconomic and geopolitical environment that has otherwise impeded fundraising worldwide. Bain Capital said the firm itself committed $750 million to Bain Capital Asia Fund V, alongside existing and new investors. At $7.1 billion, the fund is Bain Capital's biggest to date for Asia and also the region's largest private equity fund raised this year, according to Preqin data.
- Reuters
JIP says $14 billion tender offer for Toshiba set to succeed
TOKYO (Reuters) -A $14 billion tender offer to take Toshiba private is set to succeed, private equity firm Japan Industrial Partners (JIP) said on Wednesday, clearing the way for Japan's biggest deal this year. JIP's tender offer, which closed on Wednesday, ends Toshiba's 74-year history as a listed firm and puts the electronics-to-power stations maker in domestic hands after years of battles with overseas activist shareholders.
