Toshiba's top shareholder Effissimo agrees to sell shares in JIP takeover offer

Toshiba's top shareholder Effissimo agrees to sell shares in JIP takeover offer

FILE PHOTO: The logo of Toshiba Corp. is displayed atop of the company's facility building in Kawasaki, Japan June 24, 2022. REUTERS/Issei Kato/File Photo

Toshiba’s largest shareholder Effissimo Capital Management has decided to tender shares in the takeover offer led by Japan Industrial Partners (JIP), a source familiar with the matter said on Friday.

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