Toshiba's preferred bidder closer to securing financing

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Toshiba's preferred bidder closer to securing financing

Japan Industrial Partners assembling deal.

Japan Industrial Partners, the preferred bidder to buy out Toshiba, has moved closer to securing financing from banks, three people with knowledge of the matter said. Concrete restructuring steps proposed by JIP have made a group of lenders, including Toshiba's main banks Sumitomo Mitsui ...

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hardwaresemiconductorsstrategytoshiba

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