Toshiba’s ‘Division In Two’ Offer Rejected

Japan-based technology company Toshibaheld an extraordinary meeting of shareholders. The purpose of this meeting was to discuss proposals for the division of the company. However, it was not expected. The division proposal of the company management, the simple procedure of the shareholders failed to meet the majority of votes.

Making statements after the meeting, CEO Şimada Taro said, “Based on the opinions of our shareholders, we offer all options to increase corporate value. we will evaluate.“He used his expressions. Although the CEO, who is one of the names behind the division decision, made a soft statement, there is a relationship between investors and Toshiba senior management. clear disagreement obviously it is.

The offer to sell Toshiba is also shelved

The most important reason for the steps to split Toshiba is the disagreements between the company’s shareholders and management. Both management and some shareholders felt that splitting the company in two was Toshiba. would take it to a better place is thinking. However, as we understand from the voting result, this idea is not generally accepted by Toshiba shareholders.

One of the dissatisfied names in Toshiba is the company’s second largest shareholder. 3D Investment Partners. This company also made an offer to sell Toshiba. However, this proposal was also rejected at the extraordinary shareholders’ meeting. This meeting was held by the well-established technology company Toshiba.break up” has been prevented. However, the troubled process will continue for a while.

In a news we shared with you a few months ago, Satoshi Tsunakawa, who was in the CEO chair at that time, We talked about resigning.. The reason for this resignation was that the restructuring process led to administrative instability. The former Toshiba CEO seems to be right because the crisis is still not resolved. will be held in June The ordinary shareholders’ meeting seems to end a lot of discussion…