Toshiba to split into 3 units after pressure from activists

November 12, 2021 3:42 PM

TOKYO (BLOOMBERG) – Toshiba said it is splitting into three separate companies as part of an effort to improve shareholder value, responding to pressure from activists after years of scandal and mismanagement.

Source : http://www.straitstimes.com/business/companies-markets/toshiba-to-split-into-3-units-after-pressure-from-activists