As suspected, Hynix’ presence in the preferred bidder consortium for Toshiba is not as a simple loan provider, as claimed, but is to gain a foothold into obaining an equity position in Toshiba via a convertible bond holding. This, of course, will lead to regulatory attention for the bid because Hynix is a competitor to ...
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from Electronics Weekly https://www.electronicsweekly.com/news/business/suspicions-grow-hynix-role-toshiba-bid-2017-07/
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