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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......»»

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......»»

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......»»

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.....»»

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

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......»»

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

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

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

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

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Thomson Reuters Corp on Tuesday launched a $9 billion share buyback, sending its shares higher, and said it would complete the sale of a majority stake in its Financial & Risk unit to Blackstone Group LP on Oct. 1......»»

Thomson Reuters Corp said on Monday it had completed the sale of a majority stake in its Financial & Risk (F&R) unit to private equity firm Blackstone Group LP ......»»

Renishaw's founders said they intended to dispose of their majority stake in the company, which is valued at $7 billion......»»

Silicon Labs may decide to sell its analog chip unit as the company explores its business options, according to a Bloomberg report. iStock/Getty Images Plus The semiconductor company's s.....»»

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.....»»

Britain's biggest retailer Tesco has completed its exit from China with the sale of a 20% stake in a joint venture to a unit of its state-run partner China Resources Holdings (CRH), raising 275 million pounds ($357 million)......»»

L Brands Inc said on Thursday it will sell a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at $1.1 billion, as it focuses on its core Bath & Body Works brand......»»

BlackRock Inc has built a 5.12% stake in Toshiba Machine , a former Toshiba Corp subsidiary that has been targeted by Japan's most prominent activist investor, according to a regulatory filing by the U.S. asset manager......»»