Toshiba signs deal to sell chip unit to Bain-led group for $18 billion
https://www.reuters.com/article/us-toshiba-accounting/toshiba-signs-deal-to-sell-chip-unit-to-bain-led-group-for-18-billion-idUSKCN1C30P1
Toshiba Corp has signed a deal to sell its chip unit to a consortium led by Bain Capital LP for 2 trillion yen ($18 billion), overcoming a key hurdle as it scrambles for funds to stave off a potential delisting.