BRITAIN’S CVC CAPITAL LIKELY TO BUYOUT TOSHIBA CORP. IN A PRIVATE DEAL

Highlights –

• Britain’s CVC Capital likely to buyout Toshiba Corp. in a private deal.
• The terms of the deal will be discussed between the two companies and also the government.
• Toshiba received the initial proposal by CVC on Tuesday.
• Toshiba is capitalized at 1.74 trillion yen on Tuesday’s closing stock price.

On Wednesday Toshiba Corp. presi....