Toshiba walked away from potential buyout talks and Brookfield offer

Toshiba's decision to not pursue either course and instead focus on a plan to split itself in three, has widened the gulf between the conglomerate and hedge fund investors

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