Bain, Permira vie for struggling Toshiba Corp's chip business

Bain, Permira vie for struggling Toshiba Corp's chip business

REUTERS/Yuya Shino

Japan’s struggling Toshiba Corp has started the process to sell a minority stake in its flash memory chip business worth several billion dollars, and funds Permira and Bain Capital have expressed interest, Kyodo news agency reported.

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