Toshiba awaits regulator approval for key chip unit sale – ValueWalk Premium

Toshiba awaits regulator approval for key chip unit sale

Embattled Japanese conglomerate Toshiba said Monday it was still waiting for regulators to approve the key sale of its chip unit, a delay that could stymie plans to complete the deal this month. The firm agreed in September to sell its memory chip business to a consortium led by US investor Bain Capital, which was seen…



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