Japan government fund, bank may join Broadcom to bid for Toshiba chip unit

Japan government fund, bank may join Broadcom to bid for Toshiba chip unit

REUTERS/Yuya Shino

A Japanese government-backed fund and policy bank are considering a joint bid with Broadcom Ltd for Toshiba Corp‘s semiconductor business, a move that would vault the U.S. chipmaker into the lead to buy the prized unit, the Asahi newspaper said on Wednesday.

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