Toshiba said Wednesday it would sell its memory chip business to a group led by US investor Bain Capital, in a deal worth around $18 billion and seen as crucial to keeping the Japanese conglomerate afloat.
The sale to the consortium -- which includes US tech giants Apple and Dell as well as South Korean chipmaker SK Hynix -- caps a months-long saga that saw heated courtroom battles, rival bids and the near-delisting of one of Japan's best-known firms.
GMT 06:29 2017 Thursday ,09 November
Japan's struggling Toshiba logs $436 mn loss in first halfGMT 03:42 2017 Thursday ,10 August
Toshiba reports long-delayed earnings, posts $8.8 bn lossMaintained and developed by Arabs Today Group SAL.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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