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Toshiba presents sale conditions to Western Digital consortium

Toshiba presents sale conditions to Western Digital consortium

August 28, 2017

TOKYO - In negotiations for the sale of its memory chip subsidiary, Toshiba Corp. has presented conditions to a consortium including Western Digital Corp. The conditions include that WD withdraw its lawsuit at the International Arbitration Court seeking to block the sale of the subsidiary, and that shares of the subsidiary be listed in the future, according to sources.

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