Western Digital-KKR consortium said to offer $17.4b for Toshiba's chip unit

Western Digital-KKR consortium said to offer $17.4b for Toshiba's chip unit

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

A consortium that includes Western Digital is offering 1.9 trillion yen ($17.4 billion) for Toshiba Corp‘s memory chip business, which the Japanese conglomerate is trying to sell to cover losses from its U.S. nuclear business, sources said on Thursday.

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