Western Digital statement denies Toshiba’s right to sell

Western Digital has put out a statement saying that Toshiba cannot complete the sale of its memory division to a Bain-led consortium without its consent. ‘Toshiba ignores that the arbitration seeks to prohibit the transfer of any JV interests without SanDisk’s consent. Because Toshiba transferred other JV interests, such as its managerial and control rights ...

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