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Toshiba has completed its sale of Toshiba Memory to a group led by Bain Capital.
Company release
Toshiba is quickly paying down its debt, diminishing the influence of lenders who want a quick sale of its memory unit to a group led by US buyout firm Bain Capital and fueling speculation that the company may consider a different route on the sale.
Nikkei Asian Review
China is slowing reviews of multibillion-dollar takeover deals being pursued by Qualcomm and Bain Capital, people familiar with the matter say, as US-China trade tensions escalate.
Wall Street Journal
Japan's Toshiba has selected a group led by US private equity firm Bain Capital to buy its prized memory chip unit, three people with knowledge of the talks said on Wednesday, the latest dramatic twist to a highly contentious auction.
Reuters
Toshiba wants investment funds including Bain Capital to buy a stake in its flash memory business rather than industry peers such as Micron Technology because doing so will speed up the planned sale, a source said.
Reuters
China Knowledge Online