Western Digital group finalising $17b deal for Toshiba chip unit

Western Digital group finalising $17b deal for Toshiba chip unit

FILE PHOTO: A logo of Toshiba Corp is seen on a printed circuit board in this photo illustration taken in Tokyo July 31, 2012. REUTERS/Yuriko Nakao/File Photo

A consortium led by Western Digital Corp is close to an agreement to buy Toshiba Corp’s $17.4 billion chip business, with the U.S. firm’s CEO in Tokyo to finalize the long and contentious talks, a person familiar with the matter said.

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