Toshiba, Bain sign MOU for chip unit - update
Japanese conglomerate Toshiba has signed a memorandum of understanding (MOU) with Bain Capital regarding the sale of its Nand flash memory unit to a consortium led by the PE firm.
Bain’s consortium, which also includes the Innovation Network Corporation of Japan and the Development Bank of Japan, was named the preferred bidder for the unit, Toshiba Memory Corporation (TMC), earlier...
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