Toshiba plans to split into two companies instead of three after activist shareholder criticism, sell non-core assets, and keep its infrastructure operations (Bloomberg)
Bloomberg:
Toshiba plans to split into two companies instead of three after activist shareholder criticism, sell non-core assets, and keep its infrastructure operations — Toshiba Corp. said it would divide into two companies and sell non-core assets, scrapping an initial three-way split that faced fierce criticism from activist shareholders.
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