Toshiba NAND Chip Sale
Consortium led by Bain Capital hit impasse over timing of payments.
By Jean Jacques Maleval | August 14, 2017 at 2:22 pmTo read this article from Bloomberg Technology, click on:
Toshiba Chip Sale Talks Are Said to Stall On Payment Timing
Toshiba Corp.’s talks to sell its chips business to a consortium led by Bain Capital hit an impasse over the timing of payments for the business and governance issues, according to people familiar with the matter, casting doubt on the company’s ability to complete a deal quickly.