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Apple-backed Foxconn Group eyeing Toshiba's chips business
2.1t yen offer faces rival bids from Bain Capital and KKR & Co
Published Fri, Sep 8, 2017 · 09:50 PM
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Beijing
TERRY Gou, the billionaire behind Apple Inc's iPhone factories, is pressing his case to acquire Toshiba Corp's memory chips business for 2.1 trillion yen (S$26 billion) in a last-ditch effort to beat out two American buyout firms in the tumultuous auction.
Mr Gou's Foxcon…
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