TOKYO — CVC Capital Partners is suspending its proposal to acquire Toshiba, the Japanese industrial group said on Tuesday.

CVC said in a letter to Toshiba that it was waiting to see if taking the Japanese company private was in line with Toshiba’s management and board strategy. Toshiba said, however, it would not be able to evaluate CVC’s initial proposal without further information.

The fund made a preliminary proposal for a tender offer on April 6, with plans to present a formal, detailed proposal to Toshiba about 10 days later. However, Toshiba said no such plan was outlined in the letter it received on Monday.

Toshiba disputes claims by CVC that its shareholder structure was hurting its corporate value. While Toshiba does not rule out the possibility of going private, it believes that taking advantage of the merits of being a publicly held company increases its corporate value, it said.

CVC had proposed to Toshiba that the company buys back its shares at a premium to break ties with activist shareholders.

On April 14, after receiving the acquisition proposal from CVC, Nobuaki Kurumatani stepped down as Toshiba’s president and CEO. Kurumatani, who had lost support from activist funds, was replaced by Chairman Satoshi Tsunakawa.

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