Preparation for the sale of Toshiba Memory assets in an attempt to raise about $ 18 billion to cover losses and replenish working capital of the parent company Toshiba is already turning into a kind of "soap opera". At least, the passions around this potential deal are serious. A recent report by Reuters says that Western Digital Corporation, which calls on the arbitration court to block the sale of Toshiba Memory assets, did not appreciate the Toshiba gesture, which recently transferred part of the assets of the joint venture with the former SanDisk back to the parent holding structure. WDC objected that such a step does not remove the contradictions. Especially since Toshiba parent company has returned about 5% of Toshiba Memory assets related to financial production support .
According to informed sources, Western Digital is now not only seeking allies to buy Toshiba Memory assets among Japanese and American investors, but also trying to appease the Japanese authorities with promises to build another enterprise for the production of memory chips in this country. From SanDisk, Western Digital Corporation received four such enterprises, which it owns together with Toshiba. Another company is being built, but the WDC management is ready to increase the volume of investments in the Japanese economy. All that it wants in return - preferences when buying the assets of Toshiba Memory.
It is reported that the CEO of WDC even plans to visit Japan to meet with local authorities, as well as to hold another round of negotiations with the shrew Toshiba.