Tag Archives: Unit

Toshiba Signs Deal to Sell Chip Unit to Bain-Led Group for $18 Billion

HIGHLIGHTS Toshiba has signed chip unit deal worth $18 billion with Bain Capital LP It was earlier in talks with Apple that later demanded new terms Bain’s consortium also includes Dell, Seagate Japan’s Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP, overcoming a key – albeit not ... Read More »

LeEco Unit Leshi Scraps Plans to Issue Bonds

HIGHLIGHTS LeEco’s Leshi has scrapped plans to issue CNY 2 billion worth of bonds No reason given for the cancellation by the Leshi Internet In May, LeEco said it will cut over 300 jobs at its US business Leshi Internet Information & Technology, a listed unit of Chinese conglomerate LeEco, has scrapped plans to issue CNY 2 billion ($294 million) ... Read More »

TPG Said to Be Among Possible Bidders for Intel Security Unit McAfee

TPG Said to Be Among Possible Bidders for Intel Security Unit McAfee HIGHLIGHTS Deal could value McAfee at as much as $3 billion Intel is also talking to other potential bidders Intel’s strategy to focus on its more profitable data-center business TPG is among potential bidders for Intel Corp.’s computer-security unit McAfee, people with knowledge of the matter said. The ... Read More »