,The bidders are now discussing an offer price range of up to 7,000 yen a share with Toshiba’s shareholders, the people said, representing up to a 27% premium to Toshiba’s share price of 5,501 yen (RM178) as of Wednesday’s close.皇冠网址（www.hg9988.vip）是一个开放皇冠网址即时比分、皇冠网址代理最新登录线路、皇冠网址会员最新登录线路、皇冠网址代理APP下载、皇冠网址会员APP下载、皇冠网址线路APP下载、皇冠网址电脑版下载、皇冠网址手机版下载的皇冠网址平台。
TOKYO: Bidders for Toshiba Corp are considering offering up to 7,000 yen (RM226) per share to take the troubled Japanese conglomerate private, three people familiar with the situation told Reuters, valuing the deal at about US$22bil (RM97bil).
Toshiba, which is exploring strategic options, said this month it had received eight initial buyout proposals and two for capital alliances that would see it remain listed.
The bidders are now discussing an offer price range of up to 7,000 yen a share with Toshiba’s shareholders, the people said, representing up to a 27% premium to Toshiba’s share price of 5,501 yen (RM178) as of Wednesday’s close.
A separate source said the range of offers was wide and various conditions have been attached.
Toshiba shares rose 5.3% in Tokyo early yesterday, outperforming a 0.8% rise in the benchmark Nikkei average.
The offer price, if finalised, would value the chips-to-nuclear-reactors conglomerate at three trillion yen (US$22bil) at the top end of the range.
Toshiba told Reuters it would not disclose details of the proposals.
KKR & Co Inc, Baring Private Equity Asia, Blackstone Inc, Bain Capital, Brookfield Asset Management, MBK Partners, Apollo Global Management and CVC Capital Partners have submitted initial bids, according to the people.
Some of them may form consortia for a bid, they added.
Bain, Blackstone, Brookfield, Baring, CVC, KKR and MBK declined to comment. Apollo did not immediately respond to a request for comment.
Domestic funds, including Japan Investment Corp (JIC), and a number of strategic players are looking to see how they can participate in the deal, the people said, declining to be named as they were not authorised to speak to the media.
JIC declined to comment.
If successful, the Toshiba deal would be the largest buyout transaction in Japan since a consortium led by Bain took private the conglomerate’s memory chip unit, Kioxia, for US$18bil (RM79bil) in 2018.
The discussions are taking place at a time when a weak yen continues to haunt the Japanese economy, threatening to disrupt Japanese firms’ business plans and turn them into attractive acquisition targets for foreign buyers.
The yen plunged to a new 24-year low of 136.71 per dollar early on Wednesday.
Of all the potential bidders, Bain has been “very aggressive” in pushing for a buyout, said two of the people.
A Japanese investment banker with knowledge of the deal separately said even at 6,500 yen (RM211) per share the valuation for Toshiba seemed “too stretched”.
Ultimately, he said, the price would have to take into account how investors value Toshiba’s 40% stake in unlisted chipmaker Kioxia.欧博开户声明:该文看法仅代表作者自己，与本平台无关。转载请注明：皇冠‘guan’网【wang】址 zhi[（www.hg9988.vip）_Bidders weigh US$22bil offer for Toshiba Corp