Toshiba picks Japan government-Bain group to buy chip unit, big hurdles remain Toshiba Corp (6502.T) has chosen a consortium of Japanese government investors and Bain Capital as the preferred bidder for its chip business, aiming to seal a deal worth some $18 billion by next week as it scrambles for […]
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Western Digital to raise Toshiba chip offer to $18 billion or more Western Digital Corp (WDC.O) plans to raise its offer for Toshiba Corp's (6502.T) prized semiconductor unit to 2 trillion yen ($18 billion) or more, a person familiar with the matter said, marking a last-ditch effort to clinch a […]
Foxconn says Apple, Amazon to join its bid for Toshiba chip business Apple Inc (AAPL.O) and Amazon.com Inc will join Foxconn's (2317.TW) bid for Toshiba Corp's (6502.T) semiconductor business, the Nikkei business daily quoted Foxconn Chairman Terry Gou as saying on Monday. The two U.S. technology giants plan to "chip […]
Toshiba offered $17.9 billion for chip unit by Silver Lake and Broadcom Toshiba offered $17.9 billion for chip unit by Silver Lake and Broadcom:- U.S. private equity firm Silver Lake Partners LP and U.S. chipmaker Broadcom Ltd have offered Toshiba Corp about 2 trillion yen ($17.9 billion) for its chip […]
Toshiba seeking $8.8 billion for majority stake in chip unit Toshiba seeking $8.8 billion for majority stake in chip unit:- Toshiba Corp (6502.T) wants to raise at least 1 trillion yen ($8.8 billion) from the sale of a majority stake in its flash memory chip business as a buffer against […]
Toshiba board to approve plans to split off chip business on Friday Toshiba board to approve plans to split off chip business on Friday:- Toshiba Corp’s (6502.T) board will meet on Friday to approve plans to make its chip business a separate company and hopes to raise more than 200 […]
As nuclear loss grows, Toshiba needs chip investors, soon As nuclear loss grows, Toshiba needs chip investors, soon:- With mounting writedowns from its nuclear business, Japan’s Toshiba Corp is looking to sell part of its core semiconductors business, a world No.2 in the flash memory chips used in smartphones. But […]
Toshiba making preparations for sale of stake in chip business Toshiba making preparations for sale of stake in chip business:- Japan’s Toshiba Corp (6502.T) has begun preparations to sell a minority stake in its core chip business, people with knowledge of the matter said, as it urgently seeks funding to […]
