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Toshiba board reportedly OKs takeover by JIP-led group

Chiang, Jen-Chieh, Taipei; Jessie Shen, DIGITIMES Asia 0

Credit: DIGITIMES

Toshiba's board of directors has approved a JPY2 trillion (US$15.3 billion) offer from a consortium led by Japan Industrial Partners (JIP) to buy the company, according to local media reports in Japan.

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