Tue, 21-Oct-2025

Toshiba sets March date for vote on spin-off plan

toshiba

TOKYO: Japanese conglomerate Toshiba said Monday it would hold an extraordinary meeting of shareholders on March 24 to vote on its plan to spin off its devices unit. The ballot will not be legally binding but is intended to “confirm the views of our shareholders regarding moving forward”, Toshiba said, with a binding resolution to be … Read more

Hoya announces counter-bid for Toshiba Tech unit for $1.4 billion

TOSHIBA

Toshiba Corp doesn’t feel threatened by Hoya Corp’s counter-bid for Toshiba chip equipment unit NuFlare. Japanese conglomerate says that even if its own bid fails it does not expect Hoya to succeed. Toshiba CEO Nobuaki Kurumatani told that the Japanese conglomerate had no intention of accepting Hoya’s sweeter offer. Optical products maker Hoya has offered … Read more