by Owen Collins | Apr 9, 2018 | City News
Toshiba’s efforts to sell Toshiba Memory to the Bain Capital-led consortium are being held up on antitrust grounds. According to the OEM, “certain conditions relating to required antitrust approvals” have yet to be met, despite the company originally hoping to close...
by Owen Collins | Jan 22, 2018 | City News
Reports imply that the OEM’s executives are making preparations in case the unit sale collapses. Toshiba is putting in place a contingency plan should the long-mooted sale of its memory chip business to Bain Capital fall through, according to the Financial Times, (as...
by Owen Collins | Jan 2, 2018 | City News
A successful climax to 2017 has granted the OEM a further three months of credit from the banks. Toshiba’s creditors have extended their loan agreement with the Japanese OEM until March 2018, following its recent good news reducing the risk of default, reports Nikkei...