CVC Said to Join Hitachi in Bid for Toshiba's Landis+Gyr

The transcript discusses a rumored deal involving Toshiba, focusing on its financial challenges and asset sales, including the chip division. Toshiba faces significant losses due to the Westinghouse bankruptcy and is considering various options, including an IPO and stake sale. The chip division has several potential bidders, with concerns about regulatory issues and ties to China. The role of Innovation Network Corp of Japan (INCJ) and Development Bank of Japan (DBJ) is highlighted, as they may influence the outcome of the chip auction.

Why is Toshiba considering selling its smart meter maker company?

• To invest in new technology

• To enter the Chinese market

• Due to financial losses from the Westinghouse bankruptcy

• To expand its business operations

What is the main concern with Taiwan-based Henghai's bid for Toshiba's chip business?

• Its high bid amount

• Its lack of experience in chip manufacturing

• Its close ties with China

• Its financial instability

Which company currently owns 40% of Landis and Gyr?

• Innovation Network Corp of Japan

• Toshiba

• Western Digital

• Hynix

What is the strategic importance of the Development Bank of Japan in the chip auction?

• It provides financial backing to all bidders

• It is a major chip manufacturer

• It has a history of rescuing struggling tech companies

• It owns a significant stake in Toshiba

What is the potential benefit for INCJ by selling its stake in Landis and Gyr?

• To expand its operations in Europe

• To invest in a new technology startup

• To reduce its financial losses

• To participate in the chip auction