SK Hynix set to invest in Toshiba chip unit, details consortium's plans

SK Hynix set to invest in Toshiba chip unit, details consortium's plans

7 years ago
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https://www.reuters.com/article/us-toshiba-accounting-sk-hynix/sk-hynix-set-to-invest-in-toshiba-chip-unit-details-consortiums-plans-idUSKCN1C20OO

South Korea's SK Hynix Inc said on Wednesday its board had approved its participation in a Bain Capital-led consortium that plans to purchase Toshiba Corp's memory chip unit for 2 trillion yen ($17.7 billion).