Toshiba’s monthslong effort to sell its memory chip business may finally be nearing an end.
The Japanese conglomerate said on Wednesday that it had signed a memorandum to accelerate talks to sell its memory chip unit to a group led by Bain Capital.
The group, which also includes Apple, Seagate Technology and Dell, bid more than $18 billion for the chip business, The Wall Street Journal reported.
A goal, Toshiba says, is to sign a contract this month, but other bidders are sti
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