TOKYO (AP) — Toshiba and a consortium led by Bain Capital Private Equity signed a deal Thursday for the sale of the Japanese electronics company's computer memory chip business, a move long opposed by Toshiba's U.S. joint venture partner Western Digital.The consortium includes Apple Inc. and Dell Technologies Capital as U.S. investors, who will not acquire common stock or voting rights over the business. The sale of Toshiba Memory Corp. is priced at 2 trillion yen ($18 billion).The deal was widely expected as Tokyo-based Toshiba Corp., which also has railroad and nuclear energy units, had announced it earlier, and the board signed off on it last week.
NYS Entity Status
NYS Filing Date
JANUARY 18, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - GEB/DB JOINT VENTURE CORP.
Around the Web
- Troubled Toshiba, Bain finalize sale of memory-chip business
By YURI KAGEYAMA, AP Business Writer - Thursday Sep 28, 2017
- Marvel Drops Joint Venture With Northrop Grumman
Saturday Oct 7, 2017
Fans of Marvel Entertainment’s superheroes attacked the company via social media about its planned partnership with the defense contractor.
- Bombardier Nearing Joint Venture with Airbus for CSeries Jet Business
Monday Oct 16, 2017
Bombardier is in discussions to roll its CSeries passenger jet business into a joint venture with Airbus as the Canadian company struggles to overcome stalled aircraft orders and harsh U.S. trade tariff rulings, people familiar with the talks said.
- Neighborhood Joint: Staubitz Market in Brooklyn: 100 Years of Sawdust, Steaks and Chops
By ANDREW COTTO - Wednesday Jun 14, 2017
A display contains frozen items, and the shelves are stocked with jars and cans. But there’s just one reason to visit this Boerum Hill business: meat.
- Neighborhood Joint: Tailoring in a Basement? It Suits Him
By SYLVIE BIGAR - Wednesday Jun 28, 2017
For 36 years, Bilal Egilmez, who learned his trade in Turkey, has altered and mended clothing at Genius Tailor, his Upper East Side shop.