Toshiba is delisting after 70+ years of listing. Reports say it’s trying to cut ties with short term speculative investors.

Is this yet another privatisation (or nationalisation) of a very influential co.?
Or is this longtermism investment for the future?

https://www.reuters.com/technology/toshiba-go-private-dec-20-after-successful-13-bln-takeover-bid-2023-10-12/#:~:text=TOKYO%2C%20Oct%2012%20(Reuters),Tokyo%20Stock%20Exchange%20on%20Dec