Thursday, 28 September 2017

Toshiba signs deal to sell chip unit to Bain-led group for $18 billion

TOKYO (Reuters) - Japan's Toshiba Corp said on Thursday it had signed an $18 billion (£13.4 billion) 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-signs-deal-to-sell-chip-unit-to-bain-led-group-for-18-billion-idUKKCN1C30OL?feedType=RSS&feedName=topNews

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