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Toshiba’s preferred bidder closer to securing financing, Reuters reports
The Fly

Toshiba’s preferred bidder closer to securing financing, Reuters reports

Toshiba’s preferred bidder is closer to getting financing from banks, Reuters’ Makiko Yamazaki, Kane Wu, and Ritsuko Shimizu report. Lenders have become more confident in the post-acquisition plans of the bidding group led by Japan Industrial Partners, according to sources. Reuters adds that the banks haven’t decided how much financing each lender will take on. Reference Link

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