Toshiba CEO steps down after company received CVC buy-out offer
Nobuaki Kurumatani, chief executive officer of Toshiba is said to step down, after a controversial buy-out bid from his former employers CVC Capital Partners. According to Nikkei’s report, CVC reportedly supplied a 30% premium by placing around $20 billion on the desk to purchase out the Japanese company. Nobuaki Kurumatani’s resignation follows shareholders passing a …
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