SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
SNDK 195.96-20.3%Nov 20 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Sam5/17/2018 7:08:32 PM
3 Recommendations

Recommended By
Bruno Cipolla
JCnieuwenj
Unwelcomeguest

   of 4828
 
China approves sale of Toshiba's chip unit to group led by Bain Capital
by Julia Horowitz @juliakhorowitz May 17, 2018: 2:46 PM ET

China has approved the sale of Toshiba's prized chip unit to a group of investors led by the private equity firm Bain Capital.

The $18 billion deal had been in regulatory limbo as investors waited for a green light from China, the last country that needed to sign off. Trade tensions between the United States and China had raised the prospect that China might hold up the sale indefinitely.

Bain Capital, in a statement, said it would make "significant capital investments" in the semiconductor business to keep it competitive.

continues at money.cnn.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News