01 Apr, 2020
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Japan's Toshiba Corp. announced on Friday it has completed an $18 billion chip unit sale with a group of businesses spearheaded by U.S. private equity firm Bain Capital.The 2 trillion yen ($18 billion) memory chip deal missed many earlier deadli..
Toshiba's hardships have not been hidden from the international market as the conglomerate has struggled to keep its head above the water in recent times. However, it now seems that two U.S. companies are teaming up to throw Toshiba a lifeline t..
Toshiba’s sale of its memory chip unit for $18 billion has been pushed back due to disagreement of opinions within the consortium chosen as the preferred bidder. Western Digital was sued for interfering in the sale one day after the bid was re..
On Wednesday, Toshiba Corp. named a preferred bidder for its chip business. The members of the Japanese consortium include the Innovation Network Corporation, a state-backed investment fund, as well as the American buyout firm Bain Capital and the D..
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