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Toshiba seen naming buyer of chips business on June 15

Sale is to cover cost overruns at its now-bankrupt US nuclear business Westinghouse Electric Corp

Published Thu, Jun 8, 2017 · 09:50 PM

Tokyo

TOSHIBA Corp aims to name a winner for its prized semiconductor business next week, people familiar with the matter said on Wednesday, as a row with one of the bidders over the sale appeared to escalate.

Sources told Reuters the choice has narrowed to one bid from US chipmaker Broadcom Ltd and US tech fund Silver Lake and anoth…

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