Toshiba plans to split into two companies instead of three after activist shareholder criticism, sell non-core assets, and keep its infrastructure operations (Bloomberg)

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Bloomberg:

Toshiba plans to separate into two corporations as a substitute of three after activist shareholder criticism, promote non-core property, and hold its infrastructure operations  —  Toshiba Corp. stated it might divide into two corporations and promote non-core property, scrapping an preliminary three-way break up that confronted fierce criticism from activist shareholders.





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