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Toshiba says President Shimada to remain in post after going private

December 13, 2023 at 07:27 pm EST

TOKYO (Reuters) - Japan's Toshiba on Thursday said current president Taro Shimada will remain in the post after the company goes private, while private equity firm Japan Industrial Partners will appoint four executives including a vice president.

(Reporting by Mariko Katsumura; Editing by Christopher Cushing)

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