Toshiba favours home-grown bid for chip unit

ReutersNewsPublished: June 21, 20171 views
Published: June 21, 2017

Toshiba Corp has chosen a consortium of Japanese government investors and Bain Capital as the preferred bidder for its chip business, aiming to seal a deal worth some $18 billion by next week as it scrambles for funds to cover massive losses. Sonia Legg reports.

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