Orix plans to invest about $2 billion in Toshiba – Nikkei Business

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A consortium led by private equity firm Japan Industrial Partners (JIP) and including Orix and Chubu Electric Power Co Inc was granted preferred bidder status by Toshiba in a second round of bidding on Oct. 7, though the conglomerate is still open to proposals from others, people familiar with the matter have said.

($1 = 150.7200 yen)