Bain Group
Toshiba’s long-awaited chip unit sale
June 1, 2018
The OEM has finally completed the long-anticipated $18 billion (€15.4 billion) sale of its memory chip unit to a Bain Group-led consortium. As Reuters reports, Toshiba Corp has managed to complete the sale of its chip unit “to a consortium led by U.S. private equity firm Bain Capital.” Toshiba first put the chip unit up […]
Toshiba makes it back to black
May 16, 2018
The formerly floundering OEM has experienced an upturn in its fortunes, making it back into the black and avoiding being delisted from Tokyo’s Stock Exchange. As ABS-CBN reports, Toshiba “bounced back into black after a disastrous year”, and a result will avoid the delisting it had feared. “We were able to exit from a critical […]
