By FDI Creative Services on 03/23/2018
Category: Security News

As Toshiba's $18 billion chip unit sale faces tight deadline, IPO looms

TOKYO (Reuters) - Japan's Toshiba Corp faces a Friday deadline to win Chinese antitrust approval to sell its prized $18 billion memory-chip business by end-March, raising the possibility the deadline may be missed and that it will seek alternatives such as an IPO.

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