by stefanie | Apr 21, 2021 | City News
CVC Capital Partners (CVC) approached Toshiba in recent weeks with a takeover bid that is said to be worth $20 billion (€16.7 billion). The Nikkei Asian Review reported that Toshiba shares fell over 4% after CVC decided to freeze the potential takeover of the company....
by stefanie | Apr 15, 2021 | Around the Industry
Nobuaki Kurumatani resigned as Director, Executive Officer and Representative Executive Officer of Toshiba Corporation effective 14 April 2021. Toshiba Corporation’s Board of Directors released the announcement on 14 April naming Satoshi Tsunakawa as new...
by stefanie | Mar 5, 2020 | Around the Industry
In a new twist Canon has announced that it will end 35 years of cooperation with HP if the Xerox deal to acquire HP goes ahead. CEO and Chairman Fujio Mitarai told Nikkei Asian Review that Canon would end the 35-year relationship with HP citing “a takeover [of...
by stefanie | Mar 2, 2020 | World Focus
A recent regulatory filing by HP suggests that Xerox and HP were in private conversations about the merger ahead of the official take-over bid and how Icahn is interested in a quick resolution. In a recent SEC report filing, HP disclosed that “on 12 August 2019, Carl...
by stefanie | Jan 9, 2020 | City News
In the latest peacock strutting spat between HP and Xerox, HP again rejects Xerox’s takeover bid stating the funding does not reflect HP’s real value. HP sent the “Dear John” letter to Xerox on 8 January in response to Xerox’s we got the money, lets talk, letter dated...
