Future Tech
Toshiba considering split into three companies to resolve conglomerate discount
TOKYO - Toshiba Corp is considering splitting itself into three companies focusing on infrastructure, devices and semiconductors as a way to resolve its conglomerate discount, a spokesperson said on Monday.
Toshiba is in the process of formulating its next mid-term plan to enhance corporate value, and the split is one potential strategic option, the company said in a statement.
- Reuters
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