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China approves sale of $18 billion Toshiba chip unit to Bain-led consortium: NHK

TOKYO (Reuters) - China regulatory authorities have approved the $18 billion sale of Toshiba Corp's chip unit to a consortium led by U.S. private equity firm Bain Capital, Japanese public broadcaster NHK reported on Thursday, without citing sources......»»

Category: topSource: reutersMay 17th, 2018

China approves Toshiba"s sale of $18B chip unit to Bain consortium

Toshiba said in a brief statement that it expects the deal to be completed on June 1......»»

Category: topSource: foxnewsMay 17th, 2018

China Approves Toshiba"s $18 Billion Sale of Its Memory-Chip Unit

Private-equity firm Bain Capital received approval from Chinese antitrust regulators for its deal to buy Toshiba’s memory-chip unit......»»

Category: smallbizSource: wsjMay 17th, 2018

China approves sale of Toshiba"s chip unit to group led by Bain Capital

China has approved the sale of Toshiba's prized chip unit to a group of investors led by the private equity firm Bain Capital......»»

Category: topSource: cnnMay 17th, 2018

Toshiba posts record quarterly profit on chip sale, outlook unclear

Japan's Toshiba Corp reported a record quarterly net profit on Wednesday, thanks to the $18 billion sale of its flash memory chip business earlier this year to a consortium led by U.S. private equity firm Bain Capital......»»

Category: topSource: reutersAug 8th, 2018

China approves $18 billion Toshiba chip deal

Trade tensions between the United States and China had raised the prospect that China might hold up the sale indefinitely......»»

Category: topSource: cnnMay 18th, 2018

China approves sale of Toshiba"s chip unit

Trade tensions between the United States and China had raised the prospect that China might hold up the sale indefinitely......»»

Category: topSource: cnnMay 18th, 2018

Toshiba chip unit sale to Bain-led consortium wins Chinese regulatory nod

A Toshiba spokeswoman said the company had not confirmed whether there had been any approval by Chinese regulators......»»

Category: topSource: business-standardMay 17th, 2018

Toshiba upbeat about Chinese review of $18 billion chip unit sale

TOKYO (Reuters) - Toshiba Corp is upbeat about the prospects of clearing China's antimonopoly review of the $18 billion sale of its chip unit, its CEO said, dismissing reports it may pursue alternative plans if the review drags beyond the deal's deadline......»»

Category: topSource: reutersMay 15th, 2018

Toshiba receives China antitrust approval to sell memory unit

Toshiba has obtained antitrust approval from China to sell its memory-chip business - Toshiba Memory - to a group led by Bain Capital, according to an NHK report......»»

Category: topSource: digitimesMay 18th, 2018

Chinese authorities approve Toshiba unit sale to Bain consortium, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 17th, 2018

Toshiba says memory chip unit sale to boost annual profit by a third

TOKYO (Reuters) - Japan's Toshiba Corp said it expects net income to jump 33 percent this financial year thanks to profits from the planned $18 billion sale of its memory chip unit......»»

Category: topSource: reutersMay 14th, 2018

Toshiba Pessimistic About Prospects for $18 Billion Chip Deal

Toshiba is accelerating a review of alternatives to selling its NAND flash-memory unit to a group led by Bain Capital because company officials consider near-term Chinese antitrust approval unlikely......»»

Category: smallbizSource: wsjMay 8th, 2018

Toshiba still aiming to complete sale of memory chip unit soon

TOKYO (Reuters) - Toshiba Corp said on Monday it is still aiming to complete the sale of its memory chip business soon, following media reports it had decided to cancel the $18.6 billion sale if it did not get approval from Chinese regulators by May......»»

Category: topSource: reutersApr 22nd, 2018

Nissan scraps potential $1 billion sale of battery unit to China"s GSR

TOKYO (Reuters) - Nissan Motor has canceled a potential $1 billion sale of its electric car battery unit to China's GSR Capital, opening the door to other likely suitors keen on a component that is vital for the booming electric vehicles industry......»»

Category: topSource: reutersJul 2nd, 2018

Nissan cancels potential $1 billion sale of battery unit to China"s GSR

TOKYO (Reuters) - Nissan Motor Co has canceled a potential $1 billion sale of its electric battery business to GSR Capital, citing a lack of funds with the Chinese investment firm to make the purchase......»»

Category: topSource: reutersJul 1st, 2018

Toshiba sets share buyback following chip unit sale

Tos.....»»

Category: videoSource: reutersJun 13th, 2018

Bain says will help Toshiba Memory pursue big acquisitions

TOKYO (Reuters) - Bain Capital, which led the $18 billion acquisition of Toshiba Memory Corp, said on Monday it plans to support the business in pursuing M&A in the chip industry, including potentially large deals......»»

Category: topSource: reutersJun 4th, 2018

Toshiba upbeat about Chinese review of $18B chip unit sale, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 15th, 2018

Toshiba may cancel planned sale of chip unit, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: dealsSource: nytApr 23rd, 2018

Activist fund says Toshiba chip unit worth as much as $40 billion

Toshiba Memory, the world's No. 2 producer of NAND chips, is due to be sold for 2 trillion yen ($18.6 billion).....»»

Category: topSource: business-standardApr 6th, 2018