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Reply to "China regulators open antitrust probe of Toshiba deal -newspaper"

Toshiba Corp. may have settled its differences with joint venture partner Western Digital Corp., but the company’s nearly $18 billion sale of Toshiba Memory Corp. is not out of the woods yet, with the Nikkei Asian Review newspaper reporting on Friday that Chinese regulators are investigating the deal for potential antitrust concerns. According to the report, the investigation began earlier this month and could push back Toshiba’s hopeful closing date of March. The Toshiba deal sees TMC being sold to a group backed by Boston-based Bain Capital. It was inked in October and has faced its share of issues, including a lengthy arbitration with Western Digital.

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