The Wall Street Journal had the news earlier that CVC Capital Partners (a private equity firm) had expressed interest in Japanese conglomerate Toshiba
- Toshiba said it received a proposal for acquisition
- deal could be valued at more than $20 billion if completed
- Toshiba said it would seek further details
- (Toshiba's market capitalization is around ¥1.7 trillion - i.e approx $15.8 bn)
Kato says any takeover by a foreign company would require approval, and Toshiba would need to ensure its infrastructure work in progress in Japan would not be disrupted
