Toshiba’s semiconductor business still buy Western Digital
A few days ago it became known that Western Digital is ready to abandon attempts to purchase semiconductor manufacturing to Toshiba, after which the consortium, which includes SK Hynix increased its offer to 22.3 billion dollars.
Despite this, according to the source, Toshiba still chose their partner as a buyer. Official confirmation of this no, but it is reported that semiconductor manufacturing Toshiba still buy a consortium of Western Digital, KKR & Co, the Innovation Network of Japan and Development Bank of Japan.
The cost of acquisition is slightly higher. If earlier the consortium offered for 17.4 billion dollars for the assets of the Japanese giant, now referred to 18.3 billion dollars. A formal decision should be signed tomorrow.