Toshiba would prefer to sell a business of issuing memory to Japanese investors

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POSTER: computer news   ||    TOSHIBA WOULD PREFER TO SELL A BUSINESS OF ISSUING MEMORY TO JAPANESE INVESTORS	DATE:2017-05-29
According to the publication of The Japan Times , last week, Toshiba's management made it clear to the company's creditors  does not see Western Digital Corporation among the favorites of this race.  Most likely, it's not even in price, as the US hard drive manufacturer offers at least $ 17.9 billion, like all other contenders. Nevertheless, representatives of Toshiba let the creditors understand that the possibility of selling Western Digital assets from the agenda is not being removed, and the negotiations will continue.  For Toshiba itself, the best option would be to sell a solid-state memory business to a consortium of Japanese investors, which included the Innovation Network Corp.  Of Japan and the State Development Bank of Japan.  In addition, this group of investors is supplemented by certain American companies.  Perhaps, it is an investment fund, although earlier information appeared about WDC's willingness to seek support from Japanese investors. In any case, Toshiba can not so easily ignore the interests of WDC, because the company owns a joint venture, the share in which went to Americans after buying SanDisk.  Through the intricacies of legal nuances WDC is now trying to find leverage on Toshiba leadership  .   Related Products :

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