Latest News on Toshiba Corp
Showing of 0 - 10 from 25 results
Toshiba Corp - Total results - 25
Oct 05, 2017
US firm Bain Capital aims to list Toshiba chip unit on Tokyo Stock Exchange within three yearsUS private equity firm Bain Capital LP on Thursday said it aims to list Toshiba Corp’s chip unit on the Tokyo Stock Exchange within three years.
Sep 28, 2017
Toshiba signs $18 billion deal to sell its chip unit to a consortium lead by Bain CapitalJapan’s Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP.
Sep 21, 2017
As Toshiba Corp goes ahead with memory chip unit sale to Bain Capital, Western Digital takes legal recourseBain has partnered with South Korea’s SK Hynix Inc and brought in U.S. buyers of Toshiba chips such as Apple Inc and Dell Inc to bolster its bid.
Sep 12, 2017
Toshiba still negotiating sale of its memory chip business after passing self-imposed deadlineToshiba will announce the agreement on 13 September and sign after a board meeting on 20 September.
Aug 31, 2017
Apple joins Bain Capital-led consortium in last-ditch bid for Toshiba's memory chip businessThe new offer comes as separate sources say Toshiba and Western Digital Corp are struggling to strike a deal.
Aug 28, 2017
Western Digital to finalise the deal with Toshiba's memory chip buisnessWestern Digital Corp’s chief executive is in Tokyo to finalise an agreement to buy Toshiba Corp’s memory chip business, ending months of dispute over the auction, a person familiar with the matter told Reuters on 28 August.
Jul 19, 2017
Toshiba has resumed blocking Western Digital’s access to shared data in the chip joint ventureToshiba Corp said it resumed blocking access by Western Digital Corp to data at their memory chip joint venture, intensifying its dispute with the US firm over the Japanese company's planned sale of the chip business.
Jul 12, 2017
Toshiba gains access to $6 billion credit line after putting up shares in its chip unit as collateralCrisis-hit Toshiba Corp has regained access to a crucial $6 billion credit line after stumping up shares in its chip unit as collateral.
Jul 11, 2017
Western Digital says it matches rival bidders' offer to acquire Toshiba Corp flash memory unit saleWestern Digital, in court documents filed 7 July, said it has made six proposals since February, including a proposal on 27 June matching the best offer.
Jun 28, 2017
Toshiba Corp sues Western Digital for interfering in the sale; delays the sale of its flash memory chip unitToshiba Corps said that the $18 billion deal was being held up due to differences of opinion within the consortium.