Toshiba receives revised offer of $22.3 billion for its chip unit

Tokyo: A group including Bain Capital and South Korea’s SK Hynix has raised its offer for Toshiba Corp’s chip business to 2.4 trillion yen ($22.3 billion) including a 200 billion yen investment in infrastructure, sources familiar with the matter said. The offer by the consortium, which is led by the U.S. private equity group and Read More