Japan govt-backed fund eyes minority stake in Toshiba chip business

Japan govt-backed fund eyes minority stake in Toshiba chip business

Pedestrians walk past a logo of Toshiba Corp outside an electronics retailer in Tokyo September 14, 2015. REUTERS/Toru Hanai/Files

A Japanese state-backed fund may invest in Toshiba Corp’s memory chip business as a minority partner – a move that would help the government prevent a sale to bidders it deems risky to national security, sources familiar with the matter said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter