Market Insight

Toshiba memory update - One step closer to resolution

October 05, 2017  | Subscribers Only

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In September 2017, after evaluating several competing bids, Toshiba announced that it agreed to sell all shares of its wholly owned subsidiary, Toshiba Memory Corporation (TMC), to a consortium led by Bain Capital for approximately $18 billion. This announcement is the latest chapter in a drama that has been unfolding since early 2017. 

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Memory & Storage
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