Toshiba in talks with PE firms on strategic options: Reuters

Toshiba Corp is in talks with at least four private equity firms, including KKR & Co and Blackstone, to seek their ideas for its new strategy, Reuters reported.

Toshiba Corp is in talks with at least four private equity firms, including KKR & Co and Blackstone, to seek their ideas for its new strategy, Reuters reported. Bain Capital and Brookfield Asset Management have also been tapped by the Japanese conglomerate’s strategic review committee. The step indicates that Toshiba is engaging with potential bidders for the $19 billion company or some of its assets.

Source: Reuters