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Toshiba outlines plans to split into three companies after years of scandals gcwToshiba outlines plans to split into three companies after years of scandals gcw

Toshiba outlines plans to split into three companies after years of scandals

Toshiba intends to consolidate its energy and infrastructure divisions into one firm, while its hard disc drive and power semiconductor businesses will form the foundation of another. A third will be in charge of Toshiba's holdings in Kioxia Holdings, a flash memory semiconductor firm, and other assets.

Business Nov 15, 2021, 11:21 AM IST

Johnson Johnson world largest pharmaceutical company to split into two companies gcwJohnson Johnson world largest pharmaceutical company to split into two companies gcw

Johnson & Johnson, world's largest pharmaceutical company, to split into two companies

In a statement, Johnson & Johnson stated that the merger will create "two global leaders who will be better positioned to offer improved health outcomes for patients and customers via innovation."

World News Nov 12, 2021, 7:39 PM IST