Japan Industrial Partners-led group may be looking to buy Toshiba for $19b

Japan Industrial Partners-led group may be looking to buy Toshiba for $19b

FILE PHOTO: The logo of Toshiba Corp. is displayed atop of the company's facility building in Kawasaki, Japan June 24, 2022. REUTERS/Issei Kato/File Photo

The consortium of mostly domestic firms led by Japan Industrial Partners (JIP) is looking to buy Toshiba Corp for 2.8 trillion yen ($19.13 billion), Kyodo reported on Wednesday citing unnamed sources.