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Toshiba sells chip unit for $18bn

2017-09-20 16:20:37| BBC News | Business | UK Edition

The embattled electronics firm hopes the deal will cover heavy losses from its nuclear division.

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Toshiba signs MoU with Bain consortium on memory chip business sale

2017-09-13 08:51:00| Telecompaper Headlines

(Telecompaper) Toshiba announced a memorandum of understanding with a consortium led by Bain Capital to buy its memory chip business. The company said it aims to negotiate a definitive deal by the end of September.

Tags: business sale memory signs

 
 

Toshiba still in talks with 3 potential bidders for memory business

2017-08-31 08:41:00| Telecompaper Headlines

(Telecompaper) Toshiba said it has yet to decide on a buyer for its memory chip business. Media reports suggested the company would take a decision at a board meeting on 31 August, but the company released a statement saying it had not progressed far enough in negotiations with any of the bidders.

Tags: business potential memory toshiba

 

Toshiba delivers long-awaited earnings

2017-08-10 05:45:08| BBC News | Business | UK Edition

The troubled electronics firm met a deadline to report results, which reveal an $8.8bn annual loss.

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Toshiba to pay $2.16bn to leave SCANA's nuclear project in South Carolina, US

2017-07-31 01:00:00| Power Technology

Toshiba has agreed to pay $2.16bn to exit two troubled nuclear reactor projects currently being built by its Westinghouse Electric Company (WEC) subsidiary at the VC Summer Nuclear Station in South Carolina, US.

Tags: us south project pay

 

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