Toshiba gets buyout offer from British private equity firm

British private equity firm CVC Capital Partners has proposed a buyout of Toshiba Corp. to take it private, the Japanese firm's president said Wednesday, in a deal likely worth around 2 trillion yen ($18 billion).The investment firm will discuss terms with the management of the Japanese electronics and infrastructure conglomerate and engage in talks with the Japanese government about screening the proposed acquisition, sources familiar with the matter said.Toshiba has faced pressure from activist shareholders who invested in the conglomerate when it was struggling to get back on its feet, a…READ FULL ARTICLE