DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
 
DarkVision Hardware - Daily tech news
January 18, 2019 
Main Menu
Home
Info
News archives
Articles
Howto
Reviews
 

Who's Online
There are currently 177 people online.

 

Latest Reviews
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller
 

Follow us
RSS
 

Toshiba sees chip unit sale finalized by June at the latest

Posted on Monday, March 12 2018 @ 09:26:14 CET by


Toshiba logo
The sale of Toshiba's flash memory business is still an ongoing item. As you may remember, the Japanese conglomerate saw itself forced to part with one of its crown jewels due to losses and irregularities incurred by other business units.

So when will the sale be finalized? A new Reuters report signals Toshiba expects the deal will close by June at the latest. Toshiba is still awaiting antitrust approval from Chinese regulators.

Activist shareholders are opposing the deal, arguing that an injection of fresh capital made the sale unncessary:
Toshiba is in less of a rush to finalise the deal since it received injections of capital late last year from overseas investors. If it does not complete the deal by March, it has the option of walking away, sources have said.

Some activist shareholders have opposed the sale, arguing that the fresh capital made it unnecessary.




 



 

DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2019 DM Media Group bvba