Toshiba creditors likely to approve chip unit collateral for $9.2 billion finance: sources

TOKYO (Reuters) - Japan's Toshiba Corp is likely to win creditors' approval for offering its prized memory chip business stake as collateral for new loans and loan commitments worth around 1 trillion yen ($9.2 billion), sources briefed about the matter said on Friday.

from Reuters: Technology News http://ift.tt/2pgD81c