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...
by stefanie | Jan 5, 2018 | Around the Industry
The OEM has finally found a buyer for its defunct nuclear plant, Westinghouse, which it bought back in 2006. A Canadian investment firm is proposing to purchase Westinghouse Electric, Toshiba’s bankrupt nuclear plant. The OEM decided to sell Westinghouse last year,...
by Owen Collins | Jan 2, 2018 | City News
A successful climax to 2017 has granted the OEM a further three months of credit from the banks. Toshiba’s creditors have extended their loan agreement with the Japanese OEM until March 2018, following its recent good news reducing the risk of default, reports Nikkei...
