Japan Industrial Partners-led group looking to buy Toshiba for $19 bln -Kyodo

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Japan Industrial Partners-led group looking to buy Toshiba for $19 bln -Kyodo
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The consortium of mostly domestic firms led by Japan Industrial Partners (JIP) is looking to buy Toshiba Corp for 2.8 trillion yen ($19.13 billion), Kyodo reported on Wednesday citing unnamed sources.

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

, received the right of first refusal in its bid for the Japanese conglomerate, the Nikkei business daily reported on Tuesday.

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