The logo of Toshiba Corporation is displayed at the company's building in Kawasaki, Japan, April 5, 2023.
REUTERS/Androniki Christodoulou/File Photo Acquire Licensing RightsTOKYO, Sept 21 (Reuters) - A consortium led by private equity firm Japan Industrial Partners (JIP) gained 78.65% of Toshiba (6502.T) through a tender offer, Toshiba said, coming a step closer to completing a $14 billion deal to take the company private.
Toshiba is now set to be delisted as early as December, ending its 74-year history as a listed firm.
Toshiba "will now take a major step toward a new future with a new shareholder".
Since 2015, Toshiba has been battered by accounting scandals, suffered heavy loss and came close to being delisted.
Persons:
Androniki, JIP, chipmaker Rohm, Taro Shimada, Makiko Yamazaki, Kim Coghill, Christopher Cushing
Organizations:
Toshiba Corporation, REUTERS, Rights, Japan Industrial Partners, Toshiba, Thomson
Locations:
Kawasaki, Japan