Toshiba should sell stake in ex-chip unit at IPO, says HK activist fund in letter
A Hong Kong-based activist
investor in Toshiba Corp has asked the Japanese
conglomerate to sell its entire stake in Kioxia Holdings when
the flash memory chip firm is listed in an IPO that could raise
up to $32 billion, according to a letter reviewed by Reuters.
investor in Toshiba Corp has asked the Japanese
conglomerate to sell its entire stake in Kioxia Holdings when
the flash memory chip firm is listed in an IPO that could raise
up to $32 billion, according to a letter reviewed by Reuters.
Posted by Reuters