Toshiba Completes Sale of Memory Business to Bain Consortium
The Bain-led consortium includes Apple Inc., SK Hynix, Dell, Seagate Technology, and Kingston Technology.
by Kathleen Wirth · Published June 1, 2018 · Last modified June 5, 2018
The Bain-led consortium includes Apple Inc., SK Hynix, Dell, Seagate Technology, and Kingston Technology.
Toshiba Memory Corporation is the world’s number-two producer of NAND memory chips. Toshiba put the business up for sale last year after incurring losses from its Westinghouse nuclear-power business.
Financial News / News / Toshiba
by Kathleen Wirth · Published April 24, 2018 · Last modified May 2, 2018
The firm stated that multiple press reports on April 23 and 24 claim that Toshiba is considering cancelling sale of Toshiba Memory Corporation if the proposed sale isn’t approved by China’s anti-monopoly regulator.
Financial News / News / Toshiba
by Kathleen Wirth · Published March 30, 2018 · Last modified April 5, 2018
Some investors have opposed the sale of Toshiba’s profitable memory-chip business, arguing that the $18 billion sale price is too low.
Acquisitions / Financial News / Toshiba
by Kathleen Wirth · Published January 4, 2018 · Last modified February 7, 2018
In what appears to be good news for financially strapped Toshiba Corporation of Tokyo, Japan, U.S. News reports that Brookfield......
Financial News / News / Toshiba
by Kathleen Wirth · Published December 13, 2017 · Last modified December 19, 2017
Toshiba Corporation of Tokyo, Japan, reported today that it and its partner in Toshiba Memory Corporation, Western Digital, have entered......
Financial News / News / Toshiba
by Kathleen Wirth · Published December 11, 2017 · Last modified December 14, 2017
Financially strapped Toshiba Corporation of Japan may have received an early Christmas present of sorts, as Reuters reports that a......
Financial News / News / Toshiba
by Kathleen Wirth · Published December 8, 2017 · Last modified December 14, 2017
In what should be good news for Toshiba Corporation of Japan, Reuters reports that Toshiba’s partner in its memory-chip business,......
by Kathleen Wirth · Published September 14, 2017 · Last modified October 3, 2017
Financially struggling Toshiba Corporation of Japan reported yesterday that it’s entered into a memorandum of understanding (MOU) to sell its...
Financial News / Legal Proceedings / News / Toshiba
by Kathleen Wirth · Published June 28, 2017 · Last modified July 11, 2017
Missing its own self-imposed deadline to sell its memory-chip business (Toshiba Memory Corporation) in order to shore up its finances,......
Financial News / News / Toshiba
by Kathleen Wirth · Published June 21, 2017 · Last modified June 27, 2017
The saga of Toshiba Corporation of Japan continues this week, with the company reporting today that its board of directors......
Legal Proceedings / News / Toshiba
by Kathleen Wirth · Published June 15, 2017 · Last modified June 20, 2017
According to a Bloomberg News report, Western Digital has filed a lawsuit in a California court seeking to block Toshiba......
Financial News / News / Toshiba
by Kathleen Wirth · Published June 5, 2017 · Last modified June 6, 2017
On June 2nd, financially troubled Toshiba Corporation of Japan reported that it will narrow-down the list of companies interested in......
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