Toshiba $18 billion sale of chip unit finally signed, legal challenges remain

Toshiba $18 billion sale of chip unit finally signed, legal challenges remain

7 years ago
Anonymous $wKBR2uNMvM

https://www.reuters.com/article/us-toshiba-accounting/toshiba-18-billion-sale-of-chip-unit-finally-signed-legal-challenges-remain-idUSKCN1C30P1

Japan's Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP, overcoming a key - albeit not its last - hurdle as it scrambles for funds to stave off a potential delisting.