British private equity firm
Toshiba President
The investment firm will discuss terms with the management of the Japanese electronics and infrastructure conglomerate and coordinate with the Japanese government, sources familiar with the matter said.
Toshiba has faced pressure from activist shareholders and taking the Japanese firm private would enable quick management decisions, the sources said.
Based on Tuesday's closing stock price, Toshiba is capitalized at
But the purchase of Toshiba, which has a nuclear power business, would need to be screened and approved by the Japanese government under the country's law regulating foreign investment in companies due to national security reasons.
Toshiba has undergone sweeping restructuring following an accounting scandal in 2015, followed by the bankruptcy of its
It has exited from unprofitable TV, personal computer and
==Kyodo
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