Toshiba plans to split into three companies, following a similar path taken by GE, in response to pressure from foreign shareholders
TOKYO— Toshiba Corp.
said it planned to split into three by March 2024 in response to shareholder pressure for a more focused structure, following aThere has been a series of crises over the past 6½ years at Toshiba, including a report this year about undue pressure on foreign shareholders and the ouster of the board’s chairman.
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