https://www.reuters.com/article/us-toshiba-chips/toshiba-eyes-cancelling-chip-unit-sale-if-no-china-approval-by-may-media-idUSKB

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TOKYO (Reuters) - Japan’s Toshiba Corp has decided it will cancel the planned $18.6 billion sale of its memory chip unit if it does not get approval from China’s anti-monopoly regulator by May, the Mainichi newspaper said on Sunday. The logo of Toshiba Corp is seen behind cherry blossoms at the company's headquarters in Tokyo, Japan April 11, 2017. REUTERS/Toru Hanai. A consortium led by U.S. private equity firm Bain Capital last year won a long and highly contentious battle for the unit, which Toshiba put up for sale after billions of dollars in cost overruns at its Westinghouse nuclear unit plunged it into crisis. But Toshiba was unable to complete the sale by the agreed deadline of Marc... Full story

22 April

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