Toshiba said to consider IPO for memory chip unit as contingency plan

Toshiba said to consider IPO for memory chip unit as contingency plan

The logo of Toshiba is seen as a shareholder arrives at Toshiba's extraordinary shareholders meeting in Chiba, Japan March 30, 2017. REUTERS/Toru Hanai

Toshiba Corp is considering an IPO of its prized memory chip business if an agreed $18 billion sale of the unit to Bain Capital fails to gain antitrust approval by the end of March, the Financial Times reported on Monday.

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