Toshiba not Considering Separate Investment in NAND Chip Unit by Bain Group

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Toshiba says not considering separate investment in chip unit by Bain group member
Toshiba Corp. said on Friday it was not considering accepting any separate investment in its memory chip unit by a member of a Bain Capital-led consortium that has agreed to buy the prized business for $18 billion. The statement came after Yomiuri newspaper reported that the cash-strapped conglomerate was considering a capital increase for the subsidiary, Toshiba Memory, with the investment coming from a member of the Bain-led group.