Sharp Corp to pay $36.47 for a 80.1% stake in Toshiba’s personal computer business

The move marks a return to a segment that Sharp left nearly 8 years ago. It also underscores Sharp Corp’s improved health under Foxconn’s management. On Tuesday, Sharp Corp disclosed it will acquire Toshiba Corp’s personal computer business for $36 million. The announcement underscores its recovery under Foxconn and marks its return to a business…

Toshiba achieves milestone: completes sale of NAND business to Bain Capital led consortium

The completion of the sale was way ahead of the expected time frame of end-March. Chinese antitrust authorities extensively reviewed the deal before providing its approval. On Friday, Japan’s Toshiba Corp stated, it had completed the $18 billion sale of its NAND memory chip unit to a consortium led by U.S. private equity firm Bain…

Seagate pledged not to acquire stake in Toshiba for the next 10 years: Bain Capital

Among Western Digital concerns for blocking Toshiba’s NAND memory sale was that its direct competitors, Seagate Technologies and SK Hynix will gain access to proprietary information from the acquisition. Here is how these concerns have been addressed by Bain Capital. As per a documents from Bain Capital LP, the leader of the group that is…