Skip to content

Curiosity: JIP (owner of OM Digital) just bought Toshiba

Share

As you all know OM Digital is actually owned by Japan Industrial Partners (JIP) with a small minority stake still from Olympus. Latest news is that JIP now also owns Toshiba. The Stack writes:

Japanese electronics giant Toshiba says it will be going private thanks to a $14bn domestic buyout offer.
Japan Industrial Partners (JIP) has finalized a $32 per share deal to acquire Toshiba and take the company private as a state-owned industry.
The merger dates back to a March proposal by the joint stakeholders to bail out Toshiba. While the company initially declined the buyout offer, the proverbial “uncertain macro-economic outlook, and the challenging environment” made the tech giant reevaluate its position.
JIP holds a number of Japanese properties including branches of Sony and Hitachi.

Didn’t know they had a stake in Sony and Hitachi too! Seems like that JIP is a sort of vacuum cleaner of Japanese companies :)

Share
Back To Top