Toshiba’s plan to sell its memory unit to a Bain/INCJ/Hynix consortium for $19 billion ran into trouble because the consortium wants to pay in instalments and Toshiba wants the money up front, reports Bloomberg. This has prompted last week’s move to re-open talks with Western Digital and Hon Hai about selling the business to them. ...
This story continues at Toshiba deal stymied by payment issue
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