Toshiba quarterly profit jumps on strong memory chip demand

Thu, 09 Nov 2017 - 08:56 GMT

Toshiba Corp reported a 76 percent jump in second-quarter operating profit on Thursday, driven by a strong performance from its memory chip unit which it recently agreed to sell for $18 billion.

Toshiba selects Bain group as buyer of its prized chip business: sources

Wed, 20 Sep 2017 - 12:02 GMT

Japan’s embattled Toshiba Corp has chosen a group led by U.S. private equity firm Bain Capital to buy its prized memory chip unit.

Toshiba signs memorandum to accelerate chip sale talks with Bain group

Wed, 13 Sep 2017 - 10:30 GMT

Toshiba Corp (6502.T) said on Wednesday it has signed a memorandum to accelerate talks to sell its memory chip business to a group led by private equity firm Bain Capital

Bain, SK Hynix group ups bid for Toshiba chip unit to $22 billion: sources

Sat, 09 Sep 2017 - 10:14 GMT

A group including Bain Capital and South Korea’s SK Hynix (000660.KS) has raised its offer for Toshiba Corp.