Thursday, 28 September 2017

Toshiba $18 billion sale of chip unit finally signed, legal challenges remain

TOKYO (Reuters) - Japan's Toshiba Corp said on Thursday it had signed an $18 billion (13.47 billion pounds) deal to sell its chip unit to a consortium led by Bain Capital LP, overcoming a key - albeit not its last - hurdle as it scrambles for funds to stave off a potential delisting.


from Reuters: Top News http://uk.reuters.com/article/uk-toshiba-accounting/toshiba-18-billion-sale-of-chip-unit-finally-signed-legal-challenges-remain-idUKKCN1C30OL?feedType=RSS&feedName=topNews

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