TOKYO (Reuters) – Orix Corp plans to invest about 300 billion yen ($2 billion) in Toshiba, Nikkei business reported on Friday.
A consortium led by private equity firm Japan Industrial Partners (JIP) and including Orix and Chubu Electric Power Co Inc was granted preferred bidder status by Toshiba in a second round of bidding on Oct. 7, though the conglomerate is still open to proposals from others, people familiar with the matter have said.
($1 = 150.7200 yen)
(Reporting by Tokyo newsroom; Editing by Mark Potter)
