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New Deal


Announced

Murakami-baked City Index Eleventh to acquire Toshiba Machine for $235m.

Financials

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Transaction Value£180m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium11%
One Off Charge-

Sources

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Tags

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Machinery: Industrial

Public

Majority

Hostile

Single Bidder

Japan

Acquisition

Pending

industrial machinery

Private Equity

Synopsis

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Murakami offered to acquire Toshiba Machine, which manufactures industrial machinery with molding machines and machine tools as mainline, for $235m. The former Toshiba unit said the decision is based on a conclusion drawn up by an independent committee that discussed Murakami’s proposal.

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