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Toshiba Signs Deal to Sell Chip Unit to Bain-Led Group for $18 Billion
Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP.
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Foxconn Says Apple, Dell Part of Its Bid for Toshiba Chip Business
The Taiwanese firm is also in discussions with Google, Microsoft Corp and Cisco Systems Inc about their participation in the bid.
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Suzuki To Start Lithium-Ion Battery Production In India
Suzuki Motor Corp, Toshiba Corp and Denso Corp on Friday said they would form a joint venture to produce lithium-ion batteries for automobiles in India
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Toshiba Seeks New Loan, Offers Memory Chip Unit Stake As Collateral - Report
Shares in Toshiba plunged for a second straight day after Reuters reported the troubled conglomerate would likely miss a third deadline to report its quarterly business results.
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Troubled Toshiba To Offload Chip Unit
Toshiba, which bought Westinghouse in 2006 for $5.4 billion now faces months of complex negotiations over the fate of its U.S. nuclear business.
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Toshiba Seeks $8.8 Billion For Majority Stake In Chip Unit: Report
The Japanese industrial conglomerate is unable to raise funds through new share issues because the Tokyo Stock Exchange put it on a watchlist following a $1.3 billion accounting scandal in 2015.
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Will Give Toshiba As Much Support As Possible: SMBC Chief
The TVs-to-nuclear conglomerate is scrambling for cash to stay in business as a multi-billion-dollar hole has emerged in its nuclear business.
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Toshiba Considers Chip Business Stake Sale To Western Digital: Report
Some US investment funds are also showing interest in Toshiba's semiconductor business, the Nikkei reported, citing sources familiar with the matter.
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Toshiba Shares Hit By Fresh Profit Padding Allegations
The market watchdog found that Toshiba had reported profit gains in its computer operations during the 2012-2014 financial years, when the section had not generated any profit, the newspaper reported citing unidentified sources.
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Suzuki CEO Steps Down As Mileage Test Storm Grows
Suzuki Motor Corp patriarch Osamu Suzuki is stepping down as chief executive and the Japanese automaker promised to cut executive pay and slash 2015 bonuses, hoping to draw a line under the bruising admission of major flaws in its fuel tests.
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On PM Modi And Barack Obama's Watch, Key Nuclear Deal Makes Progress
US President Barack Obama and Prime Minister Narendra Modi have welcomed the start of preparatory work for six nuclear reactors in India, a key step in closing the first deal stemming from a US-India civil nuclear accord struck more than a decade ago.
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Westinghouse To Relocate Planned Nuclear Plant To Andhra Pradesh: Officials
Toshiba Corp's Westinghouse Electric will relocate a planned project to build six nuclear reactors in India, said officials, bringing the first deal stemming from a US-India civil nuclear accord struck over a decade ago closer to reality.
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Westinghouse Expects To Sign Nuclear Reactor Deal With India In June: CEO
The chief executive of Toshiba Corp's Westinghouse Electric said on Wednesday that he expects to sign a deal in June to build six nuclear reactors in India after marathon negotiations that began more than a decade ago.
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Toshiba to Sell Part of its Chip Operations: Report
Japan's Toshiba Corp plans to sell part of its chip business as it aims to recover from a $1.3 billion accounting scandal, three people familiar with the matter told Reuters on Saturday.
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Ahead Of PM Modi's Trip To US, Hopes For A Major Nuclear Reactor Deal
Toshiba Corp's Westinghouse Electric hopes to clinch a deal to build six nuclear reactors in India by end-March, its CEO said, in time for a possible visit by Prime Minister Narendra Modi to Washington to attend a global nuclear summit.
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Toshiba Signs Deal to Sell Chip Unit to Bain-Led Group for $18 Billion
Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP.
-
Foxconn Says Apple, Dell Part of Its Bid for Toshiba Chip Business
The Taiwanese firm is also in discussions with Google, Microsoft Corp and Cisco Systems Inc about their participation in the bid.
-
Suzuki To Start Lithium-Ion Battery Production In India
Suzuki Motor Corp, Toshiba Corp and Denso Corp on Friday said they would form a joint venture to produce lithium-ion batteries for automobiles in India
-
Toshiba Seeks New Loan, Offers Memory Chip Unit Stake As Collateral - Report
Shares in Toshiba plunged for a second straight day after Reuters reported the troubled conglomerate would likely miss a third deadline to report its quarterly business results.
-
Troubled Toshiba To Offload Chip Unit
Toshiba, which bought Westinghouse in 2006 for $5.4 billion now faces months of complex negotiations over the fate of its U.S. nuclear business.
-
Toshiba Seeks $8.8 Billion For Majority Stake In Chip Unit: Report
The Japanese industrial conglomerate is unable to raise funds through new share issues because the Tokyo Stock Exchange put it on a watchlist following a $1.3 billion accounting scandal in 2015.
-
Will Give Toshiba As Much Support As Possible: SMBC Chief
The TVs-to-nuclear conglomerate is scrambling for cash to stay in business as a multi-billion-dollar hole has emerged in its nuclear business.
-
Toshiba Considers Chip Business Stake Sale To Western Digital: Report
Some US investment funds are also showing interest in Toshiba's semiconductor business, the Nikkei reported, citing sources familiar with the matter.
-
Toshiba Shares Hit By Fresh Profit Padding Allegations
The market watchdog found that Toshiba had reported profit gains in its computer operations during the 2012-2014 financial years, when the section had not generated any profit, the newspaper reported citing unidentified sources.
-
Suzuki CEO Steps Down As Mileage Test Storm Grows
Suzuki Motor Corp patriarch Osamu Suzuki is stepping down as chief executive and the Japanese automaker promised to cut executive pay and slash 2015 bonuses, hoping to draw a line under the bruising admission of major flaws in its fuel tests.
-
On PM Modi And Barack Obama's Watch, Key Nuclear Deal Makes Progress
US President Barack Obama and Prime Minister Narendra Modi have welcomed the start of preparatory work for six nuclear reactors in India, a key step in closing the first deal stemming from a US-India civil nuclear accord struck more than a decade ago.
-
Westinghouse To Relocate Planned Nuclear Plant To Andhra Pradesh: Officials
Toshiba Corp's Westinghouse Electric will relocate a planned project to build six nuclear reactors in India, said officials, bringing the first deal stemming from a US-India civil nuclear accord struck over a decade ago closer to reality.
-
Westinghouse Expects To Sign Nuclear Reactor Deal With India In June: CEO
The chief executive of Toshiba Corp's Westinghouse Electric said on Wednesday that he expects to sign a deal in June to build six nuclear reactors in India after marathon negotiations that began more than a decade ago.
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Toshiba to Sell Part of its Chip Operations: Report
Japan's Toshiba Corp plans to sell part of its chip business as it aims to recover from a $1.3 billion accounting scandal, three people familiar with the matter told Reuters on Saturday.
-
Ahead Of PM Modi's Trip To US, Hopes For A Major Nuclear Reactor Deal
Toshiba Corp's Westinghouse Electric hopes to clinch a deal to build six nuclear reactors in India by end-March, its CEO said, in time for a possible visit by Prime Minister Narendra Modi to Washington to attend a global nuclear summit.
