Toshiba Shifts Date for Reorganization of Home Appliances/Visual Products
Nov 27, 2013
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Toshiba Corp. has rescheduled the reorganization of its home appliances and visual products businesses.
Toshiba said it September it will spin off its visual products business and transfer it to Toshiba Home Appliances Corp. The intention is to merge visual products and home appliances, and integrate their operations.
The Company Split agreement is scheduled to be signed in January 2014.
The original scheduled date of effect of the company split was March 1, 2014.
The new scheduled date of effect of the company split is April 1, 2014.
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