Western Digital is in talks to acquire 16% of Toshiba's memory chip unit ...steemCreated with Sketch.

in #steemit7 years ago

                 


Kyodo News reported today that Western Digital is in talks to get the votes for 16 percent of Toshiba's memory chip unit, which is expected to be available in future markets.


Kyodo did not mention the sources or disclose the US company that Western Digital had held talks with.


Representatives of Western Digital and Toshiba declined to comment on discussions on the world's second-largest NAND Producer auction of $ 17 billion to $ 18 billion.


Western Digital, which jointly invests in Toshiba's main chip factory and was in the midst of bidding with its auction partner, offered to withdraw from the unit bidding group for a stronger position in its joint venture this week, sources told Reuters.


The Toshiba board of directors held a meeting on Wednesday to discuss the new Western Digital proposal but did not reach a common agreement, according to people familiar with the matter.


According to two sources familiar with the talks, it is now seeking a final agreement with Western Digital by September 13.



Sort:  

Warning! This user is on my black list, likely as a known plagiarist, spammer or ID thief. Please be cautious with this post!
To get off this list, please chat with us in the #steemitabuse-appeals channel in steemit.chat.

Thanks for sharing... Love it.

@resteem.bot
Resteemed to over 4000 followers and 100% upvoted. Thank you for using my service!
Read here how the new bot from Berlin works.
@resteem.bot