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Toshiba aims to finalise chips deal with Bain-led group by Sept 20

Toshiba has been in talks for months to sell its chips business; it needs to raise the money by March to avoid seeing its shares delisted from the Tokyo Stock Exchange.


TOSHIBA Corp is aiming to finalise a deal to sell its memory chips business to a group led by Bain Capital at a Sept 20 board meeting, despite opposition from partner Western Digital Corp, according to people familiar with the matter.


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