Rohm and Suzuki join consortium to buy Toshiba

Author: EIS Release Date: Nov 22, 2022

Rohm and Suzuki are joining the consortium led by the private equity fund Japanese Industrial Partners (JIP) to take over Toshiba, reports the Nikkei.

 

The engineering group Taisei is also expected to join.

 

Leasing company Orix and Chubu Electric Power are also said to have signed up.

 

Other companies said to have been asked to join the consortium are: Nippon Life Insurance, Toray Industries and Central Japan Railway

 

The loan financing for the deal is not yet in place.