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Online: 551 Środa, 2017.08.23



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środa, 23 sierpnia 2017 15:56

Japan's Toshiba Corp is prioritizing talks with Western Digital to sell its memory chip business, as negotiations with a previously preferred bidder have stalled. Shares in the conglomerate, which is scrambling to sell its flash memory unit for around $18 billion to cover losses from its bankrupt U.S. nuclear business Westinghouse, rose 4.6 percent to 316 yen by the end of morning trade as the report lifted hopes of an imminent deal. In June, Toshiba picked a consortium including Japanese government-backed funds, private equity firm Bain Capital and South Korean chip maker SK Hynix as the preferred bidder for the prized unit.

więcej na: www.reuters.com