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Toshiba still in talks over chip unit sale one day before deadline -sources

Reuters  |  Tokyo 

Tokyo (Reuters) - Japan's embattled Toshiba Corp is still in discussions with various parties over the $18 billion sale of its memory chip business just a day before its latest, self-imposed deadline, people involved in the talks told Reuters on Tuesday.Earlier on Tuesday, the Nikkan Kogyo business daily reported without citing sources that Toshiba has agreed to sell the business to a consortium led by U.S. chipmaking partner Western Digital Corp for about 2 trillion yen ($18.3 billion).The newspaper said Toshiba will announce the agreement on Wednesday and sign after a board meeting on Sept. ...

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First Published: Tue, September 12 2017. 15:22 IST