Toshiba Corp

Toshiba signs $18 billion deal to sell its chip unit to a consortium lead by Bain Capital

Japan’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.

As Toshiba Corp goes ahead with memory chip unit sale to Bain Capital, Western Digital takes legal recourse

Bain 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.

Toshiba still negotiating sale of its memory chip business after passing self-imposed deadline

Toshiba will announce the agreement on 13 September and sign after a board meeting on 20 September.

Apple joins Bain Capital-led consortium in last-ditch bid for Toshiba's memory chip business

The new offer comes as separate sources say Toshiba and Western Digital Corp are struggling to strike a deal.

Western Digital to finalise the deal with Toshiba's memory chip buisness

Western 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.

Toshiba has resumed blocking Western Digital’s access to shared data in the chip joint venture

Toshiba 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.

Toshiba gains access to $6 billion credit line after putting up shares in its chip unit as collateral

Crisis-hit Toshiba Corp has regained access to a crucial $6 billion credit line after stumping up shares in its chip unit as collateral.

Western Digital says it matches rival bidders' offer to acquire Toshiba Corp flash memory unit sale

Western 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.

Toshiba Corp sues Western Digital for interfering in the sale; delays the sale of its flash memory chip unit

Toshiba Corps said that the $18 billion deal was being held up due to differences of opinion within the consortium.

South Korea's Hynix Inc has joined the bid for Toshiba

Toshiba joint-venture partner Western Digital Corp decided to raise its offer to at least 2 trillion yen.