back to article At long last, Tosh flogs chip biz to Bain for BEELLIONS

Toshiba has finally offloaded its chip unit for $18bn (£13.5bn) to US private equity house Bain Capital weeks after getting the green light from Chinese regulators. The Toshiba Memory Corporation (TMC) sale was intended to close by the end of March, but was delayed by an antitrust probe by Chinese authorities who gave it the …

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