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Toshiba said to seek bids for chip unit at 1.5 trillion yen value

Thursday, March 2, 2017 - 05:50

New York

TOSHIBA Corp is sending letters soliciting offers for its memory chip business this week and seeking bids that value it at about 1.5 trillion yen (S$18.8 billion), according to people familiar with the matter.

The Japanese conglomerate is offering a majority stake in the

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