Toshiba, aside from foreigners: it splits into three companies after the sinking of CVC

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Japan locks down its strategic giant Toshiba. Almost a year after the attempted takeover of the British CVC fund, the Japanese conglomerate, a company of national interest with almost 150 years of history, announces an epochal reorganization: it will split into three companies.

The split

The Tokyo-based industrial-technology group has confirmed the plan to split its activities: three independent companies will be born within two years. The move is an indirect – and delayed burst – response to the initial earthquake …