Japan Industrial Partners, the private equity firm since selected by Toshiba as a preferred bidder, originally teamed up with state-backed fund Japan Investment Corp in a first round of bidding earlier this year.

In late October, JIC expanded the size of its buyout fund to 900 billion yen ($6.11 billion) from 200 billion yen. Two of the sources said the expansion was not just for a Toshiba buyout but also aimed at other deals.

Speaking in Egypt at the Cop27 climate change summit, the Prime Minister believes the former Health Secretary will alienate voters in his West Suffolk constituents more than 10,000 miles from his ITV jungle camp.  He said: 'I was very disappointed with Matt's decision'. 

Despite being selected as preferred bidder, JIP has struggled to secure enough equity commitments from potential partners, sources have said.

It now looks set to miss a Monday deadline to deliver a firm proposal that includes letters of commitment from banks, sources have said.

But he is expected to find a big job for leadership rival Penny Mordaunt, as well as right-wingers such as Suella Braverman and Kemi Badenoch.

There could also be returns for Michael Gove, Dominic Raab, and former education secretary Gavin Williamson.

In a swipe at Boris Johnson, who dramatically pulled out of the Tory leadership battle on Sunday night, Mr Sunak said the 'mandate' from the 2019 election did not belong to any individual.

He also stressed his government will have 'integrity, professionalism and accountability at every level'.

Once outside she hailed her 'significant achievements' in a defiant valedictory address with little hint of emotion and no apology as she drew a line under a disastrous 49 days at the helm of the country.

'The cause of the fire is currently unknown but so far 11 deaths as a result of the fire have been confirmed while six are in critical condition and admitted (to hospital),' the Ugandan Police Force said on Twitter.

TOKYO, Nov 6 (Reuters) - Disagreement over whether to keep Toshiba Corp's management following a potential buyout caused friction between two of its suitors and is now stoking concern among banks, sources said, further complicating an already uncertain process.

Fears that Ebola could spread far from the outbreak's epicenter compelled authorities to impose an ongoing lockdown, including nighttime curfews, on two of the five districts reporting Ebola cases on October 16.

'Most of the dead are children at the school and our sympathies go to the parents,' Internal Affairs Minister General Kahinda Otafiire said, adding that the school has been cordoned off as a 'crime scene' and vowing there would be a full investigation.

JIC hopes to evaluate Toshiba's businesses in more detail, including the impact of slumping global semiconductor demand on the value of Toshiba's 40.6% stake in flash memory chip maker Kioxia Holdings Corp, one of the sources said.

The East African nation has suffered a string of deadly school fires in recent years, a cause of concern for education officials in a country where classrooms and dormitories are often crowded, and there's usually no firefighting equipment in place. 

The head of the Uganda Medical Association on Tuesday urged health authorities to impose a lockdown in Kampala, a stringent measure that the country's president has previously said he doesn't want to implement.

Today Business Secretary Grant Shapps admitted he was tempted to vote for Mr Hancock to eat a crocodile anus and declared: 'I just think he should be here looking after his constituents, rather than in the jungle somewhere'.

Parents gather at the Herona hospital where injured students receive treatment following a fire in a dormitory building at the Salama School for the Blind at the Herona Hospital in Kisoga Town, near Kampala, Uganda October 25, 2022

In the brief time since listing, Made.com has sent out three profit warnings and lost its former chief executive Philippe Chainieux and its chief financial officer - and it has lost £773 million of its market value.

Matt Hancock knows that his decision to go on I'm a Celebrity - and its reputed £400,000 pay day - will end his  frontline political career, https://bbs.adoyun.cn/space-uid-288211.html an insider told MailOnline today, amid fury at Westminster including from the Prime Minister and his Business Secretary.

JIP's plan has since raised alarm among some of Japan's big banks, whose funding would be critical to financing a buyout of the $15 billion company, according to the two sources familiar with the talks and another person.

Reflecting recent non-recurring costs, volatile trading and an expectation of no near-term improvement in discretionary big-ticket demand nor in new customer acquisition, the group forecast a 15 per cent to 30 per cent fall in full year gross sales.

The Japanese government owns 96% of JIC.

The trade ministry has said the fund cannot spend taxpayer money on a deal just to take a company private and make things easier for management. Any investment would have to fulfil policy goals such as promoting restructuring, it has said.\u062a\u0645\u0648\u064a\u0644 \u0634\u062e\u0635\u064a | Kannikar.net

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The report was created without the help of the Democrats on the commit...