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Toshiba's Board Agrees to Sell Chip Unit for $18 Billion
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Toshiba's Board Agrees to Sell Chip Unit for $18 Billion
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Toshiba
Science & Tech

Toshiba’s board agrees to sell chip unit for $18 Billion

By Bloomberg
21 Sep 2017   |   5:31 am   |   1m 58s
Toshiba's board agreed to sell its flash memory chip unit to a group led by Bain Capital for 2 trillion yen ($18 billion), taking an important step toward ending a contentious bidding process that has stretched over eight months.


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