URGENT: Toshiba to get buyout offer from British private equity firm: sources

Economy

British private equity firm CVC Capital Partners will be proposing a buyout of Toshiba Corp. in a deal likely worth around 2 trillion yen ($18 billion), sources familiar with the matter said Wednesday. The investment firm will discuss terms with the management of the Japanese electronics and infrastructure conglomerate and coordinate with the Japanese government, the sources said.

Kyodo News

Kyodo News