0
General

Toshiba memory unit attracts more suitors - report

Friday 17 March 2017 | 09:32 CET | News
More potential bidders are looking into Toshiba's semiconductor business ahead of the 29 March bidding deadline, Bloomberg reported, with sources close to the matter saying interested parties include Japanese government-backed entities. The Development Bank of Japan is considering a joint offer with US financial bidders. Bids are expected to range from JPY 700 billion to JPY 1.8 trillion (USD 6.2-15.9 billion), one of the persons said. Toshiba, which is willing to sell off a majority stake in the unit, is seeking bids that value the entire business at JPY 1.5 trillion.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Foxconn / Micron Technology / SK Hynix / Toshiba / Western Digital
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Toshiba in new talks to sell memory ops to consortium led by WD - report

Published 24 Aug 2017 09:16 CET | World
Toshiba is again in talks to sell its memory chip business, this time to a consortium made up of Western Digital, Kohlberg Kravis ...

SK hynix consortium is top bidder for Toshiba unit - report

Published 21 Jun 2017 07:17 CET | Japan
A global consortium including South Korea's SK hyinx was tapped as preferred bidder for the sale of Toshiba's memory chip ...

Broadcom gets exclusive talks on Toshiba chip sale - report

Published 06 Jun 2017 13:49 CET | World
Broadcom will be granted exclusive negotiating rights to acquire Toshiba's semiconductor business, sources familiar with the ...

Toshiba buys back flash memory JV stake held by TMC

Published 02 Jun 2017 18:02 CET | World
Toshiba has resolved to revert to itself from Toshiba Memory Corporation (TMC), the stake of a joint venture (JV) between Toshiba ...

Hon Hai seeks Softbank help in Toshiba chips bid - report

Published 17 Apr 2017 08:57 CET | Japan
Hon Hai Precision Industry has asked SoftBank for cooperation in its bid to acquire Toshiba's chip unit, sources close to the ...

'Apple wil investeren in chipdivisie Toshiba'

Published 14 Apr 2017 10:22 CET | World
Apple denkt er over na om de chip-divisie van Toshiba over te nemen. Dat schrijft althans de Japanse publicatie NHK op basis van ...

SK hynix offers KRW 10 tln for Toshiba memory unit - report

Published 29 Mar 2017 07:41 CET | World
South Korean chipmaker SK hynix has joined the preliminary bid to acquire the memory chip business of Japan's Toshiba, Yonhap ...

Toshiba hopes to get at least JPY 1 tln from sale of unit

Published 21 Feb 2017 08:59 CET | World
Toshiba wants to raise at least JPY 1 trillion (USD 8.8 billion) from the sale of its semiconductor business and hopes to close ...

SK Hynix, Foxconn, Western Digital eye Toshiba unit - report

Published 07 Feb 2017 09:40 CET | World
The sale of a minority stake in Toshiba's semiconductor business has attracted a number of interested parties, including SK ...

Toshiba to carve out Memory business for possible sale

Published 27 Jan 2017 09:53 CET | World
Toshiba plans to calve off its Memory business from 31 March through a company split. Toshiba is reviewing how to conduct the ...





Calendar   /   Industry Events

20 Aug MTS Q2 2019
20 Aug Xiaomi Q2 2019
20 Aug Africa Peering and Interconnection Forum
21 Aug Ice Group Q2 results
21 Aug Spark FY results
21 Aug Analog Devices fiscal Q3
21 Aug Zayo fiscal Q4
21 Aug Vodafone Iceland Q2 2019
21 Aug FTTH India Congress 2019
22 Aug China Telecom H1 2019
22 Aug VMware fiscal Q2
22 Aug Sunrise Q2 2019
22 Aug Vocus FY results
22 Aug Sky NZ FY results
23 Aug Mobilezone H1 2019
25 Aug VMworld 2019 US
26 Aug Amaysim FY results
26 Aug Chrous FY results
26 Aug Bezeq Q2 2019
27 Aug Partner Communications Q2 2019
27 Aug Ooma Q2 2019
27 Aug MNF Group FY results
27 Aug ZTE H1 results
27 Aug Hewlett Packard Enterprise fiscal Q3
27 Aug Aviat Networks fiscal Q4
27 Aug Tamedia H1 2019
27 Aug Connected Health Summit
::: More Calendar Items