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Toshiba looks for more cash
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Old 12th November 2017, 05:38   #1
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Default Toshiba looks for more cash

Lend us a fiver until payday?

Toshiba is still desperate for cash to avoid a possible delisting and is considering raising $5.3 billion by offering new shares in a third-party allotment.

The Japanese conglomerate has received proposals from several domestic and overseas brokerages for plans to raise money through a public offering or third-party allotment, and is looking into the option of allocating shares mainly to overseas investors, the person said.

http://fudzilla.com/news/44931-toshi...-for-more-cash
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