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  • Reuters

    Toshiba walked away from potential buyout talks and Brookfield offer -sources

    Japan's Toshiba Corp walked away from potential private equity buyout offers at a substantial premium, as well as advanced talks for a minority stake from Canada's Brookfield, according to three people familiar with the matter. 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 the people, all of whom declined to be identified because of the sensitivity of the issue. At least one private equity firm told the Toshiba committee tasked with its strategic review that a deal to take it private could be done at 6,000 yen a share or more, according to two people briefed on the review process.

  • PR Newswire

    Huawei Smart Railway Solution and 5G Network Support Laos-China Railway Grand Launching

    The General Secretary of the CPC Central Committee and the President Thongloun SISOULITH, General Secretary of the Central Committee of the Lao People's Revolutionary Party on Friday jointly witnessed the grand opening of the Laos-China Railway on the online meeting. Departing from the north in Kunming, China, to the Vientiane station in the south, the Laos-China Railway is 1035 kilometer long. The railway is of great significance to bilateral economic, social and cultural exchanges as well as t

  • PR Newswire

    CCTV+: Lantern art, unique symbol of Shicheng County

    Shicheng, a County in east China's Jiangxi Province, is known as the "hometown of Chinese lantern art". The tradition of lantern art has been kept for more than 1,000 years and the art attracts people all around the world now.