Toshiba agrees sale of memory business to Bain group for JPY 2 trillion

Thursday 21 September 2017 | 09:02 CET | News
Toshiba has reached an agreement to sell its memory chip business to a consortium led by Bain Capital for JPY 2 trillion. The company aims to complete the sale by March 2018, bringing to an end its negative equity and improving its balance sheet considerably.

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Categories: General
Companies: Toshiba / Western Digital
Countries: Japan / World
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