British fund CVC eyes $20bn deal for Toshiba

Toshiba is considering a buyout offer from a British private equity fund, it said on Wednesday, with reports suggesting the deal could be worth about $20bn (£14.5bn). Trading of Toshiba shares was halted on Tokyo’s stock exchange at the open, after the Japanese firm confirmed the offer in a statement. Toshiba said it “received an […]

P&G Scraps Deal to Buy Billie Razor Startup

Procter & Gamble has called off its planned takeover of women’s razor startup Billie, citing regulatory action to block the deal as anti-competitive. The Federal Trade Commission filed a complaint last month alleging the deal was “likely to result in significant...