Toshiba says seals $18 billion deal to sell chip unit to Bain Capital group

Toshiba says seals $18 billion deal to sell chip unit to Bain Capital group

8 years ago
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https://www.reuters.com/article/us-toshiba-accounting-sale/toshiba-says-seals-18-billion-deal-to-sell-chip-unit-to-bain-capital-group-idUSKCN1BV1KN

Japan's Toshiba Corp said on Wednesday it has agreed to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange.

Toshiba says seals $18 billion deal to sell chip unit to Bain Capital group

Sep 20, 2017, 1:27pm UTC
https://www.reuters.com/article/us-toshiba-accounting-sale/toshiba-says-seals-18-billion-deal-to-sell-chip-unit-to-bain-capital-group-idUSKCN1BV1KN >Japan's Toshiba Corp said on Wednesday it has agreed to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange.