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Deals Rumor Mill: Toshiba, Generali, Duke Realty

By Benjamin Horney (March 2, 2017, 7:34 PM EST) -- Toshiba Corp. could rake in $2 billion through a sale or initial public offering of its 60 percent stake in Swiss-based power meter manufacturer Landis & Gyr AG, Reuters reported on Thursday. According to the report, the company has tapped UBS AG to assist as it determines which divestment method is the right move, the report said. Potential suitors include private equity firms such as CVC Capital Partners, Advent International, KKR & Co. LP, The Blackstone Group LP, Onex Corp. and Clayton Dubilier & Rice. Toshiba acquired the Landis stake in 2011....

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