Exclusive-Toshiba CEO faced board ouster before $20 billion buyout offer -sources

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By Mehkii in News
Updated 3 years ago

Toshiba board members planned to oust CEO Nobuaki Kurumatani before CVC Capital Partners launched a $20 billion buyout bid last week, telling him the day before the offer was announced they would replace him, people familiar with the matter said.

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