China approves Toshiba’s sale of $18 billion chip unit to Bain consortium

TOKYO (Reuters) – Toshiba Corp said on Thursday that China regulators have approved the $18 billion sale of its chip unit to a consortium led by U.S. private equity firm Bain Capital, marking the end to a year-long saga surrounding its most prized asset.


Original URL: http://feeds.reuters.com/~r/reuters/technologyNews/~3/THUZe0Aba0Q/china-approves-toshibas-sale-of-18-billion-chip-unit-to-bain-consortium-idUSKCN1II14P

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