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(Update) Toshiba to Take Full Control of 3 Listed Units

(Update) Toshiba to Take Full Control of 3 Listed Units

   Tokyo, Nov. 13 (Jiji Press)--Toshiba Corp. <6502> said Wednesday it will take full control of three of its four publicly traded subsidiaries as it has been under pressure from foreign investors to end the practice of owing listed units.
   The Japanese heavy machinery and electronics company will spend some 200 billion yen to acquire the shares in the three units that it did not already own.

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AFP-JIJI PRESS NEWS JOURNAL


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