Toshiba to weigh buyout offer from UK fund ...Qatar

Toshiba is considering a buyout offer from a British private equity fund, it said yesterday, with reports suggesting the deal could be worth about $20bn. Trading of Toshiba shares was halted on Tokyo’s stock exchange at the open, after the Japanese firm confirmed the offer in a statement. Toshiba said it “received an initial proposal yesterday” by CVC Capital Partners for a buyout. “We will request detailed information and carefully discuss” the offer, the firm added. The Nikkei newspaper said CVC was considering a 30% premium over the Japanese industrial group’s current share price, valuing the deal at nearly ¥2.3tn ($20.8bn) based on Tuesday’s close. The financial daily said CVC would con

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