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The Independent UK
The Independent UK
National
Via AP news wire

SHOCKING: Japan s toshiba shareholders vote down restructuring plan - What They Never Told You

Copyright 2022 The Associated Press. All rights reserved.

Shareholders of embattled Japanese electronics and energy giant Toshiba Corp. voted down a major restructuring plan on Thursday, in a setback for the company's management.

The plan proposed last month called for splitting Tokyo-based Toshiba Corp. into two companies, one focused on infrastructure and the other on devices. The latter would have been spun off.

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