TOKYO (Reuters) – Toshiba Corp said on Friday a group led by Japan Industrial Partners (JIP) is expected to launch a tender offer for the industrial conglomerate “sometime in August 2023”, a delay from late July.
Toshiba said in a statement that procedures under foreign competition laws and regulations in some jurisdictions are expected to be completed only after Aug. 1.
(Reporting by Makiko Yamazaki; Editing by Tom Hogue)
