Toshiba boss apologises as shareholders blast US$18b sale of chip business
Wed, Oct 25, 2017 - 5:50 AM
Toshiba narrowly averted a delisting this year, but it still faces the prospect of being yanked from Japan's premier stock exchange if the sale does not raise enough money.
PHOTO: AFP
Chiba, Japan
TOSHIBA'S president on Tuesday apologised "sincerely" over the US$18-billion sale of its prized memory chip business, as shareholders demanded answers over the deal seen as pivotal to the survival of one of Japan's best-known firms.
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