Western Digital, KKR resubmit bid for Toshiba memory unit
Western Digital and KKR have resubmitted an offer for Toshiba’s Nand flash memory business, despite the Japanese conglomerate last week naming a consortium featuring Bain Capital as the preferred bidder in the JPY2 trillion ($18 billion) deal.
Western Digital and Toshiba have a Nand flash manufacturing plant in Japan, and the US company believes it has right of veto over any sale of the wider division. After losing out to the rival consortium...
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