International
Toshiba president resigns amid acquisition talks
Kathmandu, April 14. Nobuaki Kurumatani, President of Tokyo-based Toshiba has given his resignation amid acquisition talks of the company. Toshiba has received a $20 billion buyout bid from a private equity firm, CVC Capital Partners. CVC was Kurumatani’s former employer. The company is yet to respond to the proposal. The reason for the resignation has not
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