Tag Archives: Falters

Toshiba Said to Be Under Pressure to Consider Plan B as Chip Sale Falters

As the $18 billion (roughly Rs. 1,16,325 crores) sale of Toshiba’s memory chip unit to a government-approved consortium falters, some bankers and potential investors are pressing the board to seriously consider alternatives, people with direct knowledge of the sale process said – including picking a new buyer. Those people say Toshiba’s leadership is sticking to Plan A: selling… Read More »