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Toshiba Still in Talks Over NAND Chip Unit Sale

One day before deadline
By Jean Jacques Maleval on 2017.09.13

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To read this article from Reuters, click on:
Toshiba still in talks over chip unit sale one day before deadline: sources
Japan’s embattled Toshiba Corp. is still in discussions with various parties over the $18 billion sale of its memory chip business just a day before its latest, self-imposed deadline, people involved in the talks told Reuters on Tuesday.
Earlier on Tuesday, the Nikkan Kogyo business daily reported without citing sources that Toshiba has agreed to sell the business to a consortium led by U.S. chip making partner Western Digital Corp. for about 2 trillion yen ($18.3 billion).
The newspaper said Toshiba will announce the agreement on Wednesday and sign after a board meeting on September 20.