Toshiba Corp (6502. T) has decided to sell its memory chip unit to a group led by Western Digital Corp (WDC. O) for about 2 trillion yen ($18.29 billion) , Japan’s Nikkan Kogyo newspaper said, without citing sources.
(Reuters) — Toshiba Corp (6502. T) has decided to sell its memory chip unit to a group led by Western Digital Corp (WDC. O) for about 2 trillion yen ($18.29 billion) , Japan’s Nikkan Kogyo newspaper said, without citing sources.
The company plans to take a decision on Sept. 13 and make the decision official on Sept. 20, according to the report.
Reuters could not immediately confirm the development.
Toshiba was still in discussions over the sale as of late Monday, sources told Reuters.
