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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
Toshiba headquarters in Tokyo.
Toshiba headquarters in Tokyo.Photographer: Kiyoshi Ota/Bloomberg

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.