Toshiba said to offer shares to lenders

ReutersNewsPublished: April 4, 20171 views
Published: April 4, 2017

Toshiba Corp will meet creditor banks to ask them to accept as collateral shares in its memory chip unit being split off and other businesses and not call in their loans, sources with direct knowledge of the matter say. As Sara Hemrajani reports, the news comes as the firms shares plunged another 10 percent.

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