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Toshiba to continue talks with bidders for chip unit: Jiji
August 31, 2017 / 3:01 AM / 2 months ago

Toshiba to continue talks with bidders for chip unit: Jiji

TOKYO (Reuters) - Toshiba Corp will continue negotiating with three potential buyers, including a group led by Western Digital Corp , on the sale of its memory chip unit, Jiji reported Thursday.

FILE PHOTO: The logo of Toshiba is seen as a shareholder arrives at Toshiba's extraordinary shareholders meeting in Chiba, Japan March 30, 2017. REUTERS/Toru Hanai/File Photo

Toshiba’s board met on Thursday to review competing offers for the chip unit. Toshiba has been trying to sell the unit for months to cover the impact of over $6 billion in liabilities linked to U.S. nuclear arm Westinghouse.

Reporting by Makiko Yamazaki; Editing by Neil Fullick

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