Toshiba's decision to not pursue either course - some details of which have not been previously reported - and instead focus on a plan to split itself in three, has widened the gulf between the conglomerate and a number of its hedge fund investors, according to sources.
SoftBank shares were trading at 5,122 yen at 10:39 a.m. (0139 GMT), down by half from March highs and at the lowest level in 15 months.
Alibaba said it would form two new units to house its main ecommerce businesses - international digital commerce and China digital commerce, in a bid to become more agile and accelerate growth.
We are opening this December week with a bunch of exclusive stories you ought not to miss. First up, Indian software-as-a-service (SaaS) firms have seen increased attention from risk investors over the past year or two.
upGrad has entered into an exclusive agreement to acquire Arrina Education Services, the holding company of Talentedge Education Ventures, in what will be one of the larger consolidations in the Indian higher education space.
