TOKYO -- Shares in Toshiba fell sharply on Wednesday after the Japanese company said CVC Capital Partners had in effect shelved its $20 billion buyout plan.
CVC's plans have been complicated after the resignation of Toshiba's CEO, who clashed with activist investors. Formidable regulatory hurdles also loomed for any deal.
.JPG?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
