Tuesday, 5 September 2017

WD withdraws from Toshiba sale process

Western Digital has offered to withdraw from the bidding for Toshiba in return for a better deal in its existing jv arrangements, reports Reuters. The move also means, presumably, that WD will drop its legal objections to the sale to anyone else. WD had argued that its jv deal gave it the legal right to ...

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from Electronics Weekly https://www.electronicsweekly.com/news/business/wd-withdraws-toshiba-sale-process-2017-09/

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