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Title: News: Toshiba nears deal to sell chip business to group that includes Apple Post by: HCK on September 20, 2017, 04:05:23 pm News: Toshiba nears deal to sell chip business to group that includes Apple
(http://assets.ilounge.com/images/uploads/Toshiba_Chip_Sale_Reuters.jpg) Toshiba has chosen a group led by Bain Capital — which includes Apple — to buy its ailing chip business, The Wall Street Journal reports. Toshiba has outlined a plan to stay involved in the business after the estimated $18 billion sale, signing a “nonbinding document saying they intended to reach a deal by September 30.” The deal still has to clear a review from antitrust regulators and objections from Toshiba partner Western Digital,… Source: News: Toshiba nears deal to sell chip business to group that includes Apple (http://www.ilounge.com/index.php/news/comments/toshiba-nears-deal-to-sell-chip-business-to-group-that-includes-apple) |