At a board meeting earlier today, Toshiba approved the proposed spin-out of its chip division and said that an IPO is one option for the unit. It was also said that they would look to IPO less than 20% of the spun-out company. Previous ways of raising cash were to simply sell a stake to ...
Read full article: Toshiba mulls chip IPO
from Electronics Weekly http://www.electronicsweekly.com/news/business/toshiba-mulls-chip-ipo-2017-01/
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