Toshiba provides update on reorganisation

Toshiba provides update on reorganisation

The company’s refined plan includes a tax-free spin-off of Device Co., resulting in two distinct companies with what Toshiba calls “agile management and leaner cost structures”. Toshiba Corporation, as part of its Toshiba IR Day, provided an update on its 12 November...
Astorg to acquire about 40% of ARMOR-IIMAK’s capital

Astorg to acquire about 40% of ARMOR-IIMAK’s capital

At the beginning of 2022, ARMOR-IIMAK and Astorg announced the signing of an exclusive negotiation agreement, where Astorg acquires approximately 40% of ARMOR-IIMAK’s capital. The new ARMOR-IIMAK entity was formed in October last year and was said to have consolidated...