Toshiba signs deal to sell chip unit to Bain-led group for $18 billion

TOKYO (Reuters) - Toshiba Corp has signed a deal to sell its chip unit to a consortium led by Bain Capital LP for 2 trillion yen ($18 billion), overcoming a key hurdle as it scrambles for funds to stave off a potential delisting.

from Reuters: Technology News http://ift.tt/2fAzuiq