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Western Digital Group to Offer $17.4 Billion for Toshiba’s NAND Chip Unit

To cover losses from US nuclear business

To read this article from Reuters, click on:
Western Digital group to offer 1.9 trillion yen for Toshiba’s chip unit: sources
A consortium that includes Western Digital is offering 1.9 trillion yen ($17.4 billion) for Toshiba Corp’s memory chip business, which the Japanese conglomerate is trying to sell to cover losses from its U.S. nuclear business, sources said on Thursday.

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