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Japan: Shareholders back Toshiba’s chip sale

During an extraordinary shareholder's meeting on Tuesday, October 24, Toshiba won shareholder approval for its sale of Toshiba Memory to a US-South Korean consortium. The...

Japan: Toshiba says they have further antitrust hurdles to memory sale

Toshiba outlined three prerequisites on Friday, October 6, for completing the sale of its flash memory unit, underscoring that the recent agreement with a...

Japan: Toshiba chip business set for $18b sale to Bain-led group...

The long-running saga over the future of Toshiba’s memory chip business — the world’s second largest supplier of NAND memory used in phones and...

Japan: Toshiba chooses winning bid for chipmaker sale

Japan’s Toshiba agreed on Wednesday, September 20, to sell its prized semiconductor business to a group led by US private equity firm Bain Capital...

Japan: Apple looking at $3b stake in Toshiba’s chip unit

Bain Capital’s effort to acquire Toshiba’s memory chip business may be in for a huge boost as Bloomberg reports Apple is now discussing a...

Japan: Group raises its offer for Toshiba chip unit to US$22b

A group including Bain Capital and South Korea’s SK Hynix had raised its offer for Toshiba’s chip business to ¥2.4-trillion (US$22.3bn). The offer by the...

US/Japan: Western Digital may drop Toshiba chip bid?

San Jose-based hard drive manufacturer Western Digital is thinking about dropping out of its bid for Toshiba’s multibillion-dollar flash memory chip business after talks...

Japan: Apple joins for last-minute US$18b Toshiba chip unit bid

A consortium led by Bain Capital has made a revised last-ditch offer for Toshiba’s chip unit worth about US$18 billion, bringing in Apple to...

Japan: Toshiba to get US$17.4b from Western Digital

Western Digital shares were up in premarket trading August 24 on reports that it and a consortium of other buyers could offer ¥1.9 trillion...

Japan: Toshiba to discuss memory chip divestment wit hWestern Digital

The chiefs of Toshiba and its estranged US memory partner, Western Digital, will meet face to face as soon as this month, seeking...

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