by stefanie | May 18, 2018 | Around the Industry
The OEM can breathe a sigh of relief as the long-awaited sale of its chip unit to a Bain Group-led consortium is approved by China. As The Register reports, the Chinese government has announced that it will not “stand in the way” of Toshiba’s sale to Bain Capital....
by Owen Collins | Apr 9, 2018 | City News
Toshiba’s efforts to sell Toshiba Memory to the Bain Capital-led consortium are being held up on antitrust grounds. According to the OEM, “certain conditions relating to required antitrust approvals” have yet to be met, despite the company originally hoping to close...
by Owen Collins | Jan 22, 2018 | City News
Reports imply that the OEM’s executives are making preparations in case the unit sale collapses. Toshiba is putting in place a contingency plan should the long-mooted sale of its memory chip business to Bain Capital fall through, according to the Financial Times, (as...
