Toshiba Valued at $16 Billion by Japan Industrial Partners in Takeover Bid

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Toshiba Valued at $16 Billion by JIP In Takeover Bid, Sources Say
A consortium led by Japan Industrial Partners Inc. is considering a takeover of Toshiba Corp. at a valuation of about ¥2.4 trillion ($16.1 billion) in what could be Asia’s biggest buyout this year, according to people familiar with the matter.