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Toshiba now plans to split into two, bumps up shareholder return targets
  • AC business

Toshiba now plans to split into two, bumps up shareholder return targets

Ruud Gullit5 years ago07 mins

TOKYO (Reuters) -Toshiba Corp announced on Monday that it now aims to break up into two companies instead of three, while also unveiling a big boost to planned shareholder returns in an effort to appease angry investors. Its revised plan, however, is still expected to face much pushback from foreign hedge funds, many of whom…

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