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Toshiba Says 10 Potential Investors Signed Confidentiality Pacts

Toshiba’s headquarters in Tokyo.

Toshiba’s headquarters in Tokyo.

Photographer: Kiyoshi Ota/Bloomberg

Toshiba Corp. said it has signed confidentiality pledges with 10 potential investors and sponsors as the company solicits proposals on privatization and other strategic alternatives.

The 10 groups received detailed information on the company’s business and finances after signing the agreements, the Tokyo-based firm said in a statement. The deadline for submitting non-binding proposals is May 30, it said.