Tuesday, 21 February 2017

Toshiba now looking for $8.8bn+ from chip sale.

Toshiba is now looking to raise $8.8 billion plus from the sale of a stake in, or all of, its chip business, reports Reuters. Although Toshiba’s preference would be to retain 30% of the business, it is prepared to sell all of it because Toshiba’s priority is to raise the $6.3 billion needed to cover ...

Read full article: Toshiba now looking for $8.8bn+ from chip sale.



from Electronics Weekly http://www.electronicsweekly.com/news/business/toshiba-now-looking-8-8bn-chip-sale-2017-02/

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