Latest News on Westinghouse
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Westinghouse - Total results - 31
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.
Sep 11, 2017
The Current War trailer: Benedict Cumberbatch stars as Edison; glimpse into age of inventionsThe Current War, with Benedict Cumberbatch as Thomas Edison, features Michael Shannon as George Westinghouse and Nicolas Hoult as Nikola Tesla.
Sep 09, 2017
Bain Capital and SK Hynix raise bid for Toshiba Corp to $22.3 billion, offer to invest in infrastructureToshiba is desperate to sell the unit and cover billions in liabilities at its U.S. nuclear unit Westinghouse.
Aug 31, 2017
Toshiba fail to meet internal target date for NAND chip unit sale; raises financial questionsToshiba failed to seal a deal to sell its prized chip business by a deadline, raising doubts about whether it can plug a balance sheet hole in time.
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 31, 2017
Toshiba to miss its own 31 August deadline for $17.3 billion chipset deal, could be delistedToshiba executives have been trying to sign a deal by the end of August because antitrust reviews by governments like China could last more than six months.
Aug 28, 2017
Western Digital group finalizing deal for Toshiba chip unitA consortium led by Western Digital Corp is close to an agreement to buy Toshiba’s $17.4 billion chip business, with the WD’s CEO in Tokyo to finalize talks.
Aug 25, 2017
Western Digital is not seeking a management role in the memory chip unit saleWestern Digital Corp, part of a group offering to buy Toshiba Corp’s memory chip unit, is not seeking a management role in the business.
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.