Toshiba Completes Sale of Memory Business to Bain Consortium
The Bain-led consortium includes Apple Inc., SK Hynix, Dell, Seagate Technology, and Kingston Technology.
Tagged: Toshiba Memory Corporation
Toshiba Reports on Sale of Memory-Chip Business
Toshiba Memory Corporation is the world’s number-two producer of NAND memory chips. Toshiba put the business up for sale last year after incurring losses from its Westinghouse nuclear-power business.
Toshiba Refutes Recent Rumors Concerning Pending Sale of Memory-Chip Business
The firm stated that multiple press reports on April 23 and 24 claim that Toshiba is considering cancelling sale of Toshiba Memory Corporation if the proposed sale isn’t approved by China’s anti-monopoly regulator.
Sale of Toshiba’s Memory Business Delayed
Some investors have opposed the sale of Toshiba’s profitable memory-chip business, arguing that the $18 billion sale price is too low.
Toshiba Finds Buyer for Westinghouse Nuclear-Power Business
In what appears to be good news for financially strapped Toshiba Corporation of Tokyo, Japan, U.S. News reports that Brookfield......
Toshiba, Western Digital Settle, Sale of Memory Business to Proceed
Toshiba Corporation of Tokyo, Japan, reported today that it and its partner in Toshiba Memory Corporation, Western Digital, have entered......
Hong Kong Investor Tells Toshiba Sale of Memory Business Not Necessary
Financially strapped Toshiba Corporation of Japan may have received an early Christmas present of sorts, as Reuters reports that a......
Toshiba, Western Digital, Said to be Close to Deal Approving Memory Business
In what should be good news for Toshiba Corporation of Japan, Reuters reports that Toshiba’s partner in its memory-chip business,......
Toshiba Says it Will Sell Memory Business to Consortium Led by Bain Capital
Financially struggling Toshiba Corporation of Japan reported yesterday that it’s entered into a memorandum of understanding (MOU) to sell its...
Toshiba Sues Western Digital; Fails to Meet Self-Imposed Deadline to Sell Memory Business
Missing its own self-imposed deadline to sell its memory-chip business (Toshiba Memory Corporation) in order to shore up its finances,......
Toshiba Set to Sell Memory-Chip Business to Consortium of Investors
The saga of Toshiba Corporation of Japan continues this week, with the company reporting today that its board of directors......
Western Digital Seeks to Block Toshiba’s Sale of Memory-Chip Business
According to a Bloomberg News report, Western Digital has filed a lawsuit in a California court seeking to block Toshiba......
Toshiba Determined to Sell Memory-Chip Business Despite Hurdles
On June 2nd, financially troubled Toshiba Corporation of Japan reported that it will narrow-down the list of companies interested in......
