Western Digital Corp plans to raise its offer for Toshiba Corp’s prized semiconductor unit to $18 billion or more, a person familiar with the matter said, in a last-ditch effort to clinch a deal both companies...
Bain replacing KKR in Japan government-backed bid for Toshiba chip unit: sources
Bain Capital is replacing rival KKR & Co LP (KKR.N) in a Japanese government-led consortium bidding for Toshiba Corp’s (6502.T) prized chip unit, two sources familiar with the matter said. Bain would be a...
Toshiba aims to name buyer of $18 billion chips business on June 15
Toshiba Corp aims to name a winner for its prized semiconductor business next week, people familiar with the matter said on Wednesday, as a row with one of the bidders over the sale appeared to escalate. Sources told...
Japan Display considers deeper restructuring, seeks more funding: Nikkei
Japan Display Inc is considering a deeper restructuring than it first announced, including seeking outside financial help, as its late entry into OLED technology has caused the loss of business with Apple Inc, the...
Foxconn says Apple, Amazon to join its bid for Toshiba chip business – Nikkei
Apple Inc and Amazon.com Inc will join Foxconn’s bid for Toshiba Corp’s semiconductor business, the Nikkei business daily quoted Foxconn Chairman Terry Gou as saying on Monday. The two U.S. technology giants...
Samsung to seek partners who line up with its strategies
Samsung on Monday said it will continue to seek mergers and acquisitions to provide distinctive experiences to its customers. During its investors’ forum held in Hong Kong, Samsung said the company is open to...
Bain, KKR, Broadcom among suitors lining up for Toshiba’s chips business
Suitors including private equity firms KKR & Co LP, Bain Capital and U.S. chip maker Broadcom Ltd are lining up for Toshiba Corp’s semiconductor business, sources familiar with matter said ahead of a deadline...
Bain to submit bid for majority stake in Toshiba chip unit
U.S. buyout firm Bain Capital LP plans to bid around 1.5 trillion yen ($13.5 billion) for a majority stake in Toshiba Corp’s chip business, people with knowledge of the matter said. The bid will be made in...
Havells announces closure of Lloyd deal
Havells India Limited today announced the successful completion of its acquisition of Lloyd Consumer Durable Business Division (Lloyd Consumer). The acquisition has been executed at an enterprise value of Rs 1,600 crore...
BPL scraps partnership with Flipkart, moves to Amazon
Consumer electronics brand BPL, which was the TV brand of choice for millions of urban Indian households in the 1990s, has scrapped its three-year partnership with online marketplace Flipkart and has instead inked a...
KKR to buy Hitachi unit valued at $2.3 billion
U.S. buyout firm KKR said on Wednesday it has agreed to buy Hitachi Ltd’s (6501.T) chip-making equipment and video solution unit in a deal valuing the company at 257 billion yen ($2.3 billion), its second purchase...
Western Digital would consider Japan partners for Toshiba chip unit bid
Western Digital Corp (WDC.O), the U.S. partner of Toshiba Corp (6502.T) in a semiconductor venture, is in talks with Japanese government-backed investors and would consider a joint bid with them for the chip business, a...
