Toshiba agrees to sell chip business to Bain-led group for $18 billion

It appears Toshiba Corp has sold off their highly valued chip unit. This doesn’t really affect Toshiba TEC and it’s subsidiary, Toshiba America, which is a different company than Toshiba Corp. The influx of capital should be well received at the battered Toshiba Corp. Here’s an article with the information: The following appears on cnbc.com … Continue reading Toshiba agrees to sell chip business to Bain-led group for $18 billion