Toshiba CEO Nobuaki Kurumatani resigns
Toshiba Company CEO Nobuaki Kurumatani resigned from his duties on Wednesday under pressure from shareholders. It is known that one week ago the company received an acquisition offer from a private equity firm CVC Capital Partners. It is learnt that he took the decision after a dispute CVC Capital partners $ 20 billion issue.
After his resignation, the shares of Toshiba Company increased within hours. It is said that the company chairman Satoshi Tsunakawatook the charges of Toshiba replacing Nobuaki Kurumatani. The decision came after board members raised questions about the but offer from CVC Capital Partners.