Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
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Toshiba’s preferred bidder finalizing US$10.6-billion financing for buyout, sources say
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A Toshiba facility in Kawasaki, Japan, on June 10, 2021.KIM KYUNG-HOON/Reuters
The preferred bidder for Toshiba Corp is finalizing 1.4 trillion yen ($10.6-billion) in financing from Japanese lenders to fund its acquisition, according to two sources, a deal that would see one of the country’s best known conglomerates taken private.
Private equity firm Japan Industrial Partners (JIP) is expected to secure commitments from banks by the end of this month, said the sources with knowledge of the matter who declined to be identified because the talks are not public.
The 1.4 trillion yen includes 200 billion yen in working capital, they said.
The main banking arms of Mizuho Financial Group, Sumitomo Mitsui Financial Group and Sumitomo Mitsui Trust Holdings Inc are together expected to lend more than 1 trillion yen, three sources said.
The core bank unit of Japan’s biggest financial group, Mitsubishi UFJ Financial Group and Aozora Bank Ltd are also participating, they added.
Spokespeople for all five banks declined to comment. JIP was not immediately available for comment.
Toshiba, whose businesses span nuclear power, defence technology and which owns 40.6 per cent of memory chip maker Kioxia Holdings, declined to comment. It said in a letter to shareholders last week it was aiming to reach a conclusion with potential partners as soon as possible.
The deal is expected to cost at least 2.2 trillion yen, with financial services group Orix Corp, chip maker Rohm Co Ltd and Japan Post Bank among the Japanese companies likely to join JIP in its bid, Reuters has previously reported.
The final cost could potentially change due to market conditions, two sources said.
Toshiba named a JIP-led group as its preferred bidder in October for the buyout process. The private equity firm was then asked by Toshiba to provide commitment letters from banks by Nov.7, something it was unable to secure.
But by the start of this month JIP had moved closer to winning the backing of banks after it proposed concrete restructuring steps, sources have previously said.
Once the bid is finalized, investors will be watching closely to see how a Toshiba special committee and its board evaluate JIP’s plan to overhaul the troubled conglomerate.
I recently watched “ the greatest film of all time ,” and the most boring one. In retrospect, the title alone should have been a sufficient warning: Jeanne Dielman, 23 Quai du Commerce, 1080 Bruxelles . Alas, I’m old enough to be a bit nostalgic about massive telephone address books. And massive it is. Clocking over 200 minutes, Chantal Akerman's 1975 dreary drama follows three days in the monotonous routine of Jeanne, a widow, a mother, and a prostitute. I watched Jeanne’s autopilot existence, until, staring at her back as she washes dishes, I decided to fast-forward a couple of minutes, only to discover she was still at it. And Jeanne is equally thorough when she’s busy baking, cleaning, folding laundry, or shining her son’s shoes. She speaks so scarcely and mechanically, that it’s impossible to detect any emotion or volition beyond her carefully controlled chores . Watching Jeanne Dielman is what the word “painstaking” was invented for. Chantal...
Stored procedures: like functions for your SQL. A stored procedure is a batch of SQL statements created and stored on a database. You can reuse a stored procedure over and over again. A stored procedure can accept parameters, run a query, and return results. Many users can call a stored procedure and different applications can call it with different parameter values. What Are the Benefits of Using Stored Procedures? Apart from allowing multiple users and applications to reuse it, a stored procedure has other benefits. It is easy to modify. You can change a stored procedure when necessary and these updates will be reflected for all users. Furthermore, you don’t need to redeploy your application when you modify the stored procedure. It reduces network traffic because the server only passes the procedure’s name over the network and not the entire query. It improves database security since users don’t have direct access to tables. To make...
Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
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