Another player signs up for a load of old Tosh

Stefan Mileschin · 26th April 2017, 13:37

US private equity outfit KKR & Co and Japanese government-backed fund, Innovation Network of Japan (INCJ) have announced that they will send a joint offer for Toshiba’s memory chip unit.

They are the latest to throw their hat into the ring to buy the memory chip unit, which Tosh is flogging off to cover charges at its US nuclear business, Westinghouse.

KKR is expected to take part next month in a second bidding round after performing due diligence on Toshiba’s memory chip business, the Nikkei report said.

INCJ could invest in the Toshiba business if it made sense, Japan’s industry and trade minister had said on Wednesday. The Japanese are concerned about Japanese companies being flogged off overseas.

http://www.techeye.net/business/anot...ad-of-old-tosh

26th April 2017, 13:37	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,462	Another player signs up for a load of old Tosh US private equity outfit KKR & Co and Japanese government-backed fund, Innovation Network of Japan (INCJ) have announced that they will send a joint offer for Toshiba’s memory chip unit. They are the latest to throw their hat into the ring to buy the memory chip unit, which Tosh is flogging off to cover charges at its US nuclear business, Westinghouse. KKR is expected to take part next month in a second bidding round after performing due diligence on Toshiba’s memory chip business, the Nikkei report said. INCJ could invest in the Toshiba business if it made sense, Japan’s industry and trade minister had said on Wednesday. The Japanese are concerned about Japanese companies being flogged off overseas. http://www.techeye.net/business/anot...ad-of-old-tosh

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
SK Hynix in talks to buy Tosh’s memory chip business	Stefan Mileschin	WebNews	0	31st March 2017 09:11
Tosh will flog off most of its chip business	Stefan Mileschin	WebNews	0	23rd February 2017 05:08
Memory chips destined to be a load of old Tosh	Stefan Mileschin	WebNews	0	29th January 2017 13:57
The LG G5 will let you lock and load new batteries	Stefan Mileschin	WebNews	0	22nd February 2016 05:42
Chip making and PC figures a load of old Tosh	Stefan Mileschin	WebNews	0	25th June 2015 08:07
Toshiba admits three years of figures a load of old tosh	Stefan Mileschin	WebNews	0	15th May 2015 11:32
Your Chromebook will let you load a new OS through a USB drive	Stefan Mileschin	WebNews	0	13th January 2015 08:53
Galaxy Player 70 Plus: Samsung's first dual-core media player	Stefan Mileschin	WebNews	0	6th March 2012 08:05
cannot load video driver	Shrimpy	Hardware/Software Problems, Bugs	7	4th May 2007 03:19