Toshiba Completes $18 Billion Sale Of Chip Unit To Bain Consortium

www.oann.com | 2/14/2017 | Staff
jollyjetta (Posted by) Level 3
TOKYO (Reuters) – Japan’s Toshiba Corp said on Friday it had completed the $18 billion sale of its chip unit to a consortium led by U.S. private equity firm Bain Capital.

The completion of the deal, initially aimed for by end-March, had been delayed due to a prolonged review by Chinese antitrust authorities. China approved the deal last month.

Bain - Consortium - Year

The Bain consortium last year won a long and highly contentious...
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