Toshiba will sell its chip unit to a consortium headed up by Bain and Hynix if it gets Chinese regulatory approval, but not if it doesn’t. This seems to be the stance of new CEO Nobuaki Kurumatani. “We will maintain our stance and wait unless drastic changes occur,” says Kurumatani. Asked what he meant by ...
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from Electronics Weekly https://www.electronicsweekly.com/news/business/toshiba-will-sell-chip-unit-bain-hynix-china-approves-not-doesnt-2018-04/
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