Western Digital tries to find an approach to Toshiba through the Japanese authorities

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POSTER: computer news   ||    WESTERN DIGITAL TRIES TO FIND AN APPROACH TO TOSHIBA THROUGH THE JAPANESE AUTHORITIES	DATE:2017-07-19
The US court recently demanded that Toshiba provide notice of the sale of its Western Digital Corporation memory assets two weeks before the deal, although this decision does not limit the Japanese manufacturer in the search for a buyer.  Pause decided to use the CEO of WDC, who went to Japan to meet with representatives of the profile ministry, as noted by Reuters , citing informed sources. Among the priorities of the Japanese authorities is the preservation in the country of key technologies for manufacturing solid-state memory, which Toshiba owns.  Western Digital already has a joint venture with Toshiba for the release of NAND memory, the share in which Americans inherited from SanDisk, but the relationship of partners in this direction is also far from ideal, according to Toshiba's anonymous representatives.  Will the head of WDC meet with the latter during his visit, is not specified. It's interesting that Reuters informs about the jump in the share price of Toshiba by 19% in a day.  To this movement they were pushed by the statements of the American investment fund Greenlight Capital about increasing its share in the capital of Toshiba.  In addition, the shares continued to win back news of the absence of judicial restrictions on negotiating with potential buyers of Toshiba Memory assets. Related Products :

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