Toshiba Memory
Hurdles hit in Toshiba Memory sale
April 9, 2018
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 the deal by the end of last month; it has now set a revised […]
Toshiba Memory sale: Plan B?
January 22, 2018
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 reported by CNBC). The $18 billion (€14.7 billion) sale, arranged to cover billions […]
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