China approves Toshiba's sale of $18 billion chip unit to Bain consortium

TOKYO (Reuters) - Toshiba Corp said on Thursday that China regulators have approved the $18 billion sale of its chip unit to a consortium led by U.S. private equity firm Bain Capital, marking the end to a year-long saga surrounding its most prized asset.

from Reuters: Technology News https://ift.tt/2Io4S18