Consortium buying Toshiba's memory business promises growth

Consortium buying Toshiba's memory business promises growth

6 years ago
Anonymous $2WKDXfy9lA

https://phys.org/news/2018-06-consortium-toshiba-memory-business-growth.html

Yuji Sugimoto of Bain told reporters Monday the company may change its name to enhance the brand's image and is aiming for an initial public offering on the Tokyo Stock Exchange within a few years.

Sugimoto said he was also eyeing mergers and acquisitions to expand the company's business. He said talks have started with Innovation Network Corp. of Japan, a government investment fund, and the Development Bank of Japan on potential new investments, but nothing has been decided.