Toshiba to sell chip unit to Bain Capital-led group for $18 billion

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Toshiba Corp. Releases Statement Regarding Western Digital Subsidiary SanDisk's Request for Arbitration

September 21, 2017 6:08 AM EDT

Western Digital Corporations (NASDAQ: WDC) subsidiary SanDisk LLC and certain of its subsidiaries, through their attorneys, have notified Toshiba Corporation and Toshiba Memory Corporation (TMC), a wholly owned subsidiary of Toshiba, that they have initiated arbitration regarding TMCs planned investments for additional BiCS... More

Western Digital (WDC) Releases Statement on Toshiba’s Intent to Transfer Flash JV Interests to a Consortium Led by SK Hynix and Bain Capital

September 20, 2017 11:41 AM EDT

Western Digital Corp. (NASDAQ: WDC) today commented on Toshiba Corporations (Toshiba) proposed transfer of its interests in its NAND flash-memory joint ventures operated with Western Digitals SanDisk subsidiaries (JVs) to a consortium led by Korea-based SK Hynix Inc. and Bain Capital:

Our goal all along has been to reach a mutually beneficial... More