Toshiba already finished what sell chip business to the financial group that capital of American shellfish favour takes the lead to trade, latter buys the new company that established a name to be Pangea for this, trade the price 18 billion dollar. . . . . .
Japanese Toshiba company last week 5 express, already finished what the financial group that takes the lead to capital of favour of shellfish of company of equity of American illicit collect sells chip business to trade, latter buys the new company that established a name to be Pangea for this, trade the price 18 billion dollar.
Should trade to plan to be by March at first finish, but examine for a long time of the orgnaization as a result of Chinese antitrust, should trade to be deferred. This year on May 17, toshiba announces, this trades the approval that won China to superintend a branch. So far, this trades obtained branch of relevant country antitrust to examine, satisfied all premise requirement that makes over about this equity.
Toshiba of it is reported is the whole world chip of the 2nd big NAND produces business. Fall in this company division branch of electric nuclear energy exceeds house on the west after number billion dollar makes his be immersed in the crisis, toshiba hangs out one’s shingle its chip business sell. Shellfish favour financial group won this prolonged last year and the memory business that has controversy extremely contends for battle. Toshiba will announce last year in September, han combines the beautiful day that already agreed to sell chip business to the United States private equity invests company Bain endowment this presenting as leading role with the price of 18 billion dollar financial group.
The financial group that Bain takes the lead includes manufacturer of Korea memory chip SK Hailishi (bank of orgnaization of innovation of industry of SKHynix) , Japan and Japanese development, still include the company of science and technology such as apple, Dai Er, and Jinshidu (Kingston) He Xijie (the manufacturer of solid state hard disk such as SeagateTechnologyCor) .
Toshiba says in a statement, trade in this in, toshiba counter-purchased this branch the share of 40.2% . Undertaking this equity is made over while, toshiba general to suffer let a company be noted again endowment 350.5 billion yen, obtain the common share that gets those who allow a company to have resolution right to make an appointment with share of 109.6 billion yen (the 40.2%) that holds the sum total of common stock ticket that already issued about, first stock that counterpoises with changeover makes an appointment with share of 240.9 billion yen (occupy what already issued about with changeover lien.
Outside analysis thinks, toshiba and Japanese government sector choose this to trade, basically be after selling, orgnaization of innovation of industry of Toshiba, Japan and the Japan that Japan develops a bank inside have an enterprise to hold some equity to occupy in new company place nearly 50.1% , made sure Japanese respect can master major control power.
The financial difficult position of Toshiba was reduced after chip business sells. Toshiba says, about the development henceforth, the company that coming 5 years in protocol grows Next of Toshiba of the strategy, “ to plan ” , this plan will sum up measure of aggrandizement of primary gain ability, and the metaphase strategy of each business, make finally piece include specific the plan that quantifies a target, predict to be released within year.