By Megumi Fujikawa


Toshiba Corp. said Friday that it is discussing strategic options, including a potential buyout, with 10 investors.

The company will announce the number of nonbinding proposals and an overview of proposed deal structures ahead of its shareholder meeting in June, it said.

Toshiba put itself up for auction in late April after the company's own restructuring plan to break up itself into two was rejected by shareholders.


Write to Megumi Fujikawa at megumi.fujikawa@wsj.com


(END) Dow Jones Newswires

05-13-22 0250ET