Page 5 - Toshiba

Toshiba to aim for chip deal with Bain by September 20

The company needs to raise the money by March to avoid seeing its shares delisted from the Tokyo Stock Exchange

Toshiba still in talks over chip unit sale one day before deadline: Sources

Over the $18 billion sales of its memory chip business

Toshiba misses target date for chip unit sale, raises business risks

Toshiba was working under creditor pressure to strike a deal by the end of the month

Bain-led consortium in last-minute $18 bn bid for Toshiba chip unit: NHK

Apple is a new member of the consortium, which also includes South Korean chipmaker SK Hynix Inc

Toshiba incurred $8.7 bn net loss in 2016

Massive losses have stemmed from indebtedness of nuclear power plant division, Westinghouse Electric

Toshiba sues Western Digital for $1.1 billion

Toshiba claims Western Digital employees improperly obtained proprietary information

Toshiba prefers US-Japan bidder for memory chip business sale

Toshiba's attempt to gain cash from the chip operations sale has not gone smoothly

Toshiba, Western Digital trade barbs in row over $18-bn chip unit auction

However, Western Digital is still seeking arbitration

Broadcom, KKR leading bidders for Toshiba unit

Western Digital Corp. has been in talks to join the Japan group

Western Digital goes arbitration way over sale of Toshiba unit

Potentially derailing a much-needed capital injection for the Japanese conglomerate

Toshiba reports $8.4 bn net loss for FY17 over Westinghouse woes

Toshiba, whose US nuclear unit Westinghouse has filed for bankruptcy protection, is reporting a 950 billion yen (USD 8.4 billion) net loss for the fiscal year ended March. The Japanese electronics giant's results have failed to win auditors' approval from the previous quarter, after questions were raised over the acquisition of US nuclear construction company CB&I Stone and Webster. Tokyo-based Toshiba Corp. Called the results released today as projections, rather than results, since they lack the company's auditors' approval, but it was in line with what it had said recently. The loss was about double the 460 billion yen (USD 4.1 billion) loss racked up the previous fiscal year. Toshiba, whose products include computer chips and household appliances, acquired Westinghouse in 2006. Its president, Satoshi Tsunakawa, has recently said the strategy based on Westinghouse was a mistake, and has promised it won't take on new nuclear projects. Toshiba has been trying to sell its ...

Toshiba ups ante in chip unit sale with attack on Western Digital

TOKYO (Reuters) - Toshiba Corp <6502.T> has told Western Digital Corp not to interfere in the sale of its prized chip unit, rejecting claims it has breached a joint venture contract and threatening legal action.

Toshiba warns it may not be able to continue business

Toshiba grapples with billions of dollars in losses from its Westinghouse Electric nuclear business

Google, Amazon eye Toshiba's lucrative memory chip business

Toshiba is expected to negotiate with individual candidates this month

Toshiba likely to miss quarterly earnings deadline: Sources

Toshiba and PwC officials could not be reached for comment in Tokyo outside business hours

Toshiba to go ahead with nuclear plant in Andhra Pradesh: Govt

This would happen despite its partner, Westinghouse, filing for bankruptcy

Toshiba's Westinghouse seeks US bankruptcy financing: Sources

(Reuters) - Westinghouse Electric Co LLC, the nuclear power plant developer owned by Japanese electronics company Toshiba Corp <6502.T>, is taking offers for a financing package to help it go through U.S. bankruptcy, people familiar with the matter said on Monday.

Toshiba offers memory chip shares as collateral for loans: Sources

A Japanese state-backed fund, INCJ, may invest in its memory chip business as minority partner

Toshiba shares tumble, no clarity on Westinghouse sale

Toshiba will meet with creditor banks later on Wednesday to explain the situation

With India visit, Westinghouse CEO keeps nuclear project alive

Westinghouse would only provide reactors for the six AP1000 units