Toshiba’s Talk of Privatization Leaves Some Analysts With Doubts
- Company said last week it will consider buyout offers
- Some analysts say sale is now more likely but no sure thing
This article is for subscribers only.
The statement last week read like a possible change of direction for Toshiba Corp., sending its shares higher.
The Japanese conglomerate will set up a special committee that will, among other things, “identify the privatization offer that is best for our diverse stakeholders,” it said.