Monday, August 7, 2023

Toshiba announces a $14B tender offer to take the company private at $32/share led by Japan Industrial Partners, a buyout fund of Japanese banks and companies (Yuri Kageyama/Associated Press)

Yuri Kageyama / Associated Press:
Toshiba announces a $14B tender offer to take the company private at $32/share led by Japan Industrial Partners, a buyout fund of Japanese banks and companies  —  Toshiba announced a 2 trillion yen ($14 billion) tender offer on Monday in a move that would take it private …



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...