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 pmTo 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.