Clears the regulators
Japan’s Toshiba said on Friday it had completed the $18 billion sale of its chip unit to a consortium led by US private equity firm Bain Capital.
Good news at last
Chinese regulators have approved the $18 billion sale of Toshiba's chip unit to a consortium led by US private equity firm Bain Capital, marking the end to a year long saga surrounding its most prized asset.
Plan B if Bain sale falls through
Toshiba is considering an IPO of its prized memory chip business if an agreed $18 billion sale of the unit to Bain Capital fails to gain antitrust approval by the end of March
Samsung beats Chipzilla up
Figures just in from the Gartner Group showed that Samsung was the leader in chip sales in 2017.
Deal made, peace pipe to be smoked
Toshiba and Western Digital have agreed in principle to settle a dispute over the Japanese firm’s plans to sell its $18 billion chip unit and aim to have a final agreement in place next week.
Phew, that was close
Troubled Japanese giant Toshiba will have an injection of funds which may help it get over its Westinghouse infection.
No one appears interested
Toshiba has said that it has not entered into talks with any company to sell its personal computer business, denying media reports that it was in negotiations to sell the unit to Taiwan’s Asustek.
Lend us a fiver until payday?
Toshiba is still desperate for cash to avoid a possible delisting and is considering raising $5.3 billion by offering new shares in a third-party allotment.
Unfortunately, thanks to the bit it wants to sell
Toshiba reported a 76 percent jump in second quarter operating profit on thanks to strong performance from its memory chip unit.
Not sure about this nuclear claim
It seems that Toshiba can’t get a break. Japan’s securities watchdog is investigating its latest earnings statement to see if it properly handled losses incurred by its US nuclear unit.