To Invest 100 Billion Yen In TB Investment Limited Partnership

Rohm Co

18/07/2023 07:12

July 18 (Reuters) - Toshiba Corp  6502.T :
    * ROHM CO LTD - NOTICE REGARDING INVESTMENT IN TB INVESTMENT LIMITED
    * ROHM CO LTD - TO INVEST 100 BILLION YEN IN TB INVESTMENT LIMITED
PARTNERSHIP
    * ROHM CO LTD - TO INVEST IIN FUND MANAGED AND ADMINISTERED BY JAPAN
INDUSTRIAL
PARTNERS AND ITS GROUP COMPANIES
    * ROHM CO LTD - ALSO PLANS TO UNDERWRITE 200 BILLION  YEN OF NON-VOTING
PREFERRED
STOCK ISSUED BY TBJ HOLDINGS BEFORE COMMENCEMENT OF TENDER OFFER
    * ROHM CO LTD -  WILL CONSIDER POSSIBILITY OF VARIOUS STRATEGIC INITIATIVES
AS
WELL
    * ROHM CO LTD  - THE MAIN PURPOSE OF THIS INVESTMENT IS TO "PARTICIPATE IN
THE
PRIVATIZATION OF TOSHIBA AND HELP TO RESOLVE THEIR ISSUES
    * ROHM  ON TOSHIBA INVESTMENT: EFFECTS OF INVESTMENT ON OUR PERFORMANCE FOR
THIS
TERM WILL BE MINOR
    * ROHM CO LTD  - COMPANY IS WORKING TO REALISE GROWTH IN OUR AREAS OF FOCUS,
POWER
AND ANALOG
    * ROHM CO LTD  -  TOSHIBA'S SEMICONDUCTOR BUSINESS HIGHLY COMPATIBLE WITH
ROHM
    * ROHM CO LTD  -  WE HAVE INTEREST IN COLLABORATIONS OR TIE-UPS IF GIVEN THE
OPPORTUNITY IN THE FUTURE

Source text for Eikon:  ID: 
Further company coverage:  6502.T