Chip Unit
Toshiba’s long-awaited chip unit sale
June 1, 2018
The OEM has finally completed the long-anticipated $18 billion (€15.4 billion) sale of its memory chip unit to a Bain Group-led consortium. As Reuters reports, Toshiba Corp has managed to complete the sale of its chip unit “to a consortium led by U.S. private equity firm Bain Capital.” Toshiba first put the chip unit up […]
China okays Toshiba chip unit sale
May 18, 2018
The OEM can breathe a sigh of relief as the long-awaited sale of its chip unit to a Bain Group-led consortium is approved by China. As The Register reports, the Chinese government has announced that it will not “stand in the way” of Toshiba’s sale to Bain Capital. With the sale already having been approved […]
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