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Toshiba may abandon memory chip sale to Bain consortium - report

2018-05-08 14:57:00| Telecompaper Headlines

(Telecompaper) Toshiba has "mostly given up" on its agreed sale of its memory chip unit, as Chinese competition clearance appears increasingly unlikely, the Wall Street Journal reported citing people involved in the matter. The company is considering alternatives to selling the unit to the Bain-led consortium.

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