Japan's Toshiba to split business into three: Report

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TOKYO: Toshiba plans to split into three companies as early as 2023, aiming to make the performance and growth strategy of each sector clearer, the Nikkei business daily reported on Tuesday (Nov

The Japanese firm confirmed to AFP that the option of splitting its business up was under consideration but said nothing had been decided yet.

All three companies are expected to be listed at some point, and the move is likely to be announced in Toshiba's mid-term business plan being released on Friday, the Nikkei said.

 

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