by stefanie | Jun 1, 2018 | City News
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...
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 stefanie | May 16, 2018 | Around the Industry
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...
by stefanie | Mar 13, 2018 | Around the Industry
Toshiba Corporation has revealed that it predicts the well-documented sale of its memory chip unit to take place by June “at the latest”, as Reuters reports. “We’ve been making various efforts to close the deal in March,” explained Yasuo Naruke, the head of Toshiba’s...
