Toshiba under pressure to consider 'Plan B' as $18b chip sale deal falters

Toshiba under pressure to consider 'Plan B' as $18b chip sale deal falters

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

As the $18 billion sale of Toshiba Corp’s memory chip unit to a government-approved consortium falters, some bankers and potential investors are pressing the board to seriously consider alternatives, people with direct knowledge of the sale process said – including picking a new buyer.

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