Toshiba

Embattled conglomerate Toshiba on Friday completed the $21 billion sale of its prized chip unit to an investment consortium, a move seen as crucial to keeping the Japanese firm afloat. The deal had been delayed while Chinese...

Toshiba has been on the ropes after the disastrous acquisition of US nuclear energy firm Westinghouse, which racked up billions of dollars in losses before being placed under bankruptcy protection. Toshiba settled legal disputes with US...

Toshiba Corp’s  planned $5.4 billion new share issue to overseas investors is set to provide it with most of the funds it needs to avoid a delisting – a quickly arranged deal that underscores both the...

News Hour: Toshiba Corp may not seal a $17.5 billion deal to sell its memory chip unit by a self-imposed Aug. 31 deadline due to disagreements over details of an offer by the bidders, people familiar...

News Hour: A consortium led by Western Digital Corp is close to an agreement to buy Toshiba Corp’s $17.4 billion chip business, with the U.S. firm’s CEO in Tokyo to finalize the long and contentious talks,...

News Hour: Toshiba Corp has likely avoided immediate delisting after its auditor signed off on its financial results albeit with criticism of its governance, yet its future remains uncertain with no progress in talks to sell...

News Hour: Toshiba shares jumped on Wednesday on expectations it will meet a deadline to submit long-delayed earnings to financial regulators, easing fears the troubled conglomerate’s stock will be yanked from the Tokyo Stock Exchange. The...

News Hour: A request to block Toshiba from raising much-needed cash by selling a flash memory venture was taken off the table on Friday in a California court. Toshiba and Western Digital agreed to an order...

News Hour: Toshiba Corp has agreed to give Western Digital Corp two weeks’ notice before closing any sale of a memory chip unit that would involve transferring joint venture shares that Western Digital claims give it...

News Hour: Apple Inc and Amazon.com Inc will join Foxconn’s bid for Toshiba Corp’s semiconductor business, the Nikkei business daily quoted Foxconn Chairman Terry Gou as saying on Monday. The two U.S. technology giants plan to...