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Toshiba says it will 'support' $15 bn takeover bid
Toshiba says it will 'support' $15 bn takeover bid
Business and Economy
by  AFP

Troubled Japanese conglomerate Toshiba said Thursday it will "support" a $15 billion takeover bid by a consortium led by investment fund Japan Industrial Partners. The JIP-led consortium includes 17 Japanese businesses and six Japanese financial institutions which are investing in or issuing loans for the deal.