** Toshiba’s Frankfurt shares down around 4% after co announces plans to break itself into three independent firms
** Japanese co, whose plans comes hot on the heels of a similar move by U.S. giant General Electric, says it will spin off its energy and infrastructure business and its device and storage unit
** Toshiba’s London-listed Crest Depositary Interests unchanged; CDIs are UK financial securities that represent stocks traded on exchanges outside the UK
** The industrial conglomerate’s decision is the outcome of a review following a damaging corporate governance scandal
** 146-year old Toshiba has been under pressure from some overseas investors since the fallout
** This year Effissimo Capital, Farallon Capital Management and other shareholders successfully ousted Toshiba’s chairman
** Activist investors Elliott Management, Third Point and Farallon all hold independent stakes in Toshiba (Reporting by Muvija M in Bengaluru)