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Lite-On Tech reportedly mulling selling storage subsidiary
EMS provider Lite-On Technology reportedly plans to sell its storage business consisting of SSD products, with Toshiba Memory being identified as a potential buyer, according to industry sources......»»
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......»»
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......»»
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......»»
Tsinghua Unigroup to dissolve loss-laden storage subsidiary
Unic Memory Technology, a loss-laden storage business unit under China's Tsinghua Unigroup, will be dissolved as part of the group's efforts to restructure its organization, according to market sources......»»
Exclusive: China Everbright Group to restructure, pursue billion-dollar HK IPO - sources
State-owned financial conglomerate China Everbright Group aims to restructure its sprawling business and pursue a billion dollar IPO next year in Hong Kong, three people with direct knowledge of the matter told Reuters on Thursday......»»
Exclusive: Cigna seeks sale of group benefits insurance business - sources
U.S. health insurer Cigna Corp is exploring a sale of its group benefits insurance business, which could be valued at as much as $6 billion, four people familiar with the matter said on Tuesday......»»
Total takes on Toshiba"s U.S. LNG business after Chinese buyer pulls out
Total will take over Toshiba's U.S. liquefied natural gas business and get $800 million cash from the Japanese group as part of the deal, the companies said on Saturday, weeks after attempts to sell it to a Chinese buyer fell through......»»
Huawei stepping up memory chip purchases from Japan, Korea
Huawei is looking to step up purchases of memory chips from its Japan- and South Korea-based suppliers, including Toshiba Memory and SK Hynix, according to industry sources......»»
Foxconn"s chip boss tipped to be Taiwanese group"s next chairman: sources
The world's largest contract manufacturer Foxconn is poised to nominate the head of its chip business as chairman to succeed Terry Gou, who plans to run in Taiwan's presidential election, two people with direct knowledge of the matter said......»»
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......»»
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......»»
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......»»
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......»»
Exclusive: KKR close to signing deal for Altice"s telecom towers - sources
MADRID/LONDON (Reuters) - Private equity firm KKR is close to buying a stake in the telecom towers business of Altice , three sources told Reuters, a deal that will help the telecoms and cable group to pay down debt and reshape its European operations......»»
Exclusive: Alibaba merging China food delivery units to counter Tencent-backed Meituan - sources
Alibaba Group plans to merge its food delivery units and raise funds for the combined business, intensifying a battle with Tencent-backed Meituan Dianping for dominance of China's booming on-demand services market, four people told Reuters......»»
Exclusive: 2-DEER: China"s HNA Group seeks buyer for $300 million "Dream Jet" - sources
Cash-strapped Chinese conglomerate HNA Group has put up for sale its luxurious $300-million-plus Boeing 787 corporate "Dream Jet" with registration "2-DEER", say six aviation industry sources familiar with the matter......»»
Memory demand for notebooks still robust
Brand notebook vendors and OEMs continue to step up their pace of chip orders, including those for memory chips and devices, despite overbooking concerns, according to sources at memory suppliers......»»
Exclusive: $50B global investment firm eyes new office in Dallas, sources say
A multi-billion dollar global investment manager based in New York is looking to grow its office presence in North Texas, sources with knowledge of the deal told the Dallas Business Journal......»»
DRAM and flash memory supply to stay tight in 2H21, says Winbond
A rally in DRAM and flash memory prices will boost Winbond Electronics' memory business revenue in March and April, according to Pei-Ming Chen, president for the specialty DRAM and NOR flash chip specialist......»»