Japanese conglomerate Toshiba Corp (6502.T), whose troubles began with a profit-padding scandal in 2015 and continued with huge losses at its U.S nuclear subsidiary, will be delisted from the Tokyo Stock Exchange on Dec 20 as the company looks to restructure and regain investor confidence. The firm said on Thursday that it will hold an extraordinary shareholder’s meeting on Nov 22 to approve the consolidation of its shares, which will pave the way for it to be taken private in a 2 trillion yen ($13.4 billion) tender offer from private equity firm Japan Industrial Partners. The move comes after a … Continue reading Toshiba to Delisted from Tokyo Stock Exchange on December 20