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Japan Govt-Backed Fund Eyes Minority Stake In Toshiba Chip Business

by dealstreetasia.com posted 1year ago 449 views
A Japanese state-backed fund may invest in&nbsp;Toshiba Corp&rsquo;s&nbsp;memory chip business as a minority partner &ndash; a move that would help the government prevent a sale to bidders it deems risky to national security.&nbsp;<span style="text-align: justify;">Discussions on a potential investment are, however, at a very early stage and may not develop further as some people within the government are concerned it could be seen as a publicly funded bailout.</span>