Western Digital-led consortium close to $17.4B deal for Toshiba chip unit

A consortium led by Western Digital is close to an agreement to buy Toshiba's flash memory chip business for $17.4 billion, with an announcement expected on August 31, 2017.

“A consortium led by Western Digital Corp is close to an agreement to buy Toshiba Corp's $17.4 billion chip business, with the U.S. firm's CEO in Tokyo to finalize the long and contentious talks, a person familiar with the matter said.”reuters.com

• 1 source
• reuters.comWestern Digital group finalizing $17 billion deal for Toshiba chip unit: sourceMakiko YamazakiAug 28, 2017

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