Silver Lake and Broadcom bid $18B for Toshiba chip unit

Silver Lake and Broadcom have teamed up to attempt to acquire Toshiba's semiconductor business for nearly $18 billion. Toshiba is selling its NAND flash memory unit to cover losses from Westinghouse's bankruptcy.

“Silver Lake, the tech-focused private equity group, has teamed up with US chipmaker Broadcom in an attempt to acquire Toshiba’s semiconductor business for nearly $18bn.”thearabianpost.com

• 1 source
• thearabianpost.comSilver Lake and Broadcom eye $18bn Toshiba chip unit — Arabian PostThe Arabian Post NetworkApr 1, 2017

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