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SEOUL (Reuters) - South Korea's SK Hynix Inc said on Friday it will submit a final bid for Toshiba Corp's memory chip business as part of a consortium.
The company did not say what other companies were in the consortium.
People familiar with the matter told Reuters earlier on Friday SK Hynix will be part of a consortium led by U.S. buyout firm Bain Capital LP, which seeks to buy a majority stake in the Toshiba chip business, offering around 1.5 trillion yen (10.4 billion pounds).
Reporting by Se Young Lee; Editing by Randy Fabi