Archives
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COMPUTERS March 29, 2018 Toshiba Awaits Regulator Approval for Key Chip Unit Sale
By: Loknath DasHIGHLIGHTS The firm had agreed to sell its memory chip business to Bain Capital Toshiba had expected to meet all the sale conditions by March 23 It’s China’s anti-trust law” that is holding up the sale: Toshiba Embattled Japanese conglomerate Toshiba said Monday it was still waiting for regulators to approve the key sale of its chip […]
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NEWS August 24, 2016 China Regulator Says Didi, Uber Deal Will Need Mofcom Approval
By: sristy SahaA merger between Chinese ride-hailing firm Didi Chuxing and the China unit of US rival Uber could face its first hiccup after China’s commerce ministry (Mofcom) said on Tuesday it had not received a necessary application to allow the deal to go ahead. Didi’s acquisition of Uber’s China operations, announced on Monday, will create a […]