JIP's tender offer for Toshiba pushed back to Aug due to regulatory delay

JIP's tender offer for Toshiba pushed back to Aug due to regulatory delay

FILE PHOTO: The logo of Toshiba Corp is seen at the company's facility in Kawasaki, Japan June 10, 2021. REUTERS/Kim Kyung-Hoon/File Photo

Toshiba Corp said on Friday a group led by Japan Industrial Partners (JIP) is expected to launch a tender offer for the industrial conglomerate “sometime in August 2023”, a delay from late July.

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