Toshiba’s strategy is pretty simple: retain control over the business despite selling portions of its majority stake to multiple bidders and raise $8.8 billion in the process. In the wake of Toshiba seeking to write-off $6.3 billion on its nuclear… Read More ›
stake
Theresa May clears first legislative hurdle with her Brexit plans intact
With a clear majority, this first step was expected to be smooth sailing. In the next, she will have to move more deftly so as to not expose her Brexit strategy before negotiations begin. In a significant first step that… Read More ›
Toshiba considering selling its stake to Western Digital at its NAND flash memory plant
Although Toshiba is yet evaluating its options, the move will boost its capital base. As per a source who has been briefed on the discussions, Toshiba Corp is in talks to sell its minority stake in its flash memory business… Read More ›
Disney values MLB Advanced Media at $3.5 billion, set to buy 33% stake in it
MLB Advanced Media is the video arm of Major League Basketball. Bloomberg has reported citing a source who is familiar with the matter at hand that Walt Disney Co. is set to buy a 33% stake in MLB Advanced Media,… Read More ›