Toshiba Corp CEO Nobuaki Kurumatani | The Business Standard

Toshiba Corp CEO Nobuaki Kurumatani attends a news conference at the company's headquarters in Tokyo, Japan May 15, 2018. REUTERS/Issei Kato/File Photo

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Toshiba CEO resigns, shares surge on bidding war expectations

Toshiba Chairman Satoshi Tsunakawa will become chief executive, the company said in a statement