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ELECTRONICS 
September 22, 2017 Toshiba Prepares to Formalise Chip Unit Sale to Bain Capital, Rejected Suitor Steps Up Legal Action
Japan’s Toshiba is expected to formalise the sale of its prized memory chip unit on Thursday to a group led by US private equity firm Bain Capital, even as jilted suitor and joint venture partner Western Digital took fresh legal action. The embattled conglomerate said on Wednesday it had agreed to the sale, but the formal signing of the […]
