Toshiba making preparations for sale of stake in chip business: sources | International News Live Blog

https://internationalnewsliveblog.wordpress.com/2017/01/20/toshiba-making-preparations-for-sale-of-stake-in-chip-business-sources/

TOKYO (Reuters) – Japan’s Toshiba Corp has begun preparations to sell a minority stake in its core chip business, people with knowledge of the matter said, as it urgently seeks funding to help avoid being crippled by an upcoming multi-billion dollar writedown. http://internationalnewslive.com/toshiba-making-preparations-for-sale-of-stake-in-chip-business-sources/