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Toshiba Plans to Sell Down 40.2% Stake in Kioxia

And will return majority of net proceeds to shareholders.

By Jean Jacques Maleval | June 24, 2020 at 2:08 pm

To read this article from Reuters, click on:
Toshiba plans to sell down Kioxia stake, return much of proceeds to shareholders
Japan’s Toshiba Corp. said on Monday it planned to sell down its 40.2% stake in flash memory chips firm Kioxia Holdings and will return a majority of the net proceeds to shareholders.

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