June 9, 2017 / 12:23 PM / 3 months ago

Toshiba says Western Digital meeting didn't dispel concerns over chip proposal

The logo of Toshiba Corp is seen behind cherry blossoms at the company's headquarters in Tokyo, Japan April 11, 2017. REUTERS/Toru Hanai

TOKYO (Reuters) - Toshiba Corp (6502.T) said that Western Digital Corp (WDC.O) CEO Steve Milligan met with its executives on Friday but failed to dispel concerns about the U.S. firm’s proposal to buy Toshiba’s prized chip unit.

Milligan met with his Toshiba counterpart, Satoshi Tsunakawa, at Toshiba headquarters on Friday afternoon.

“Toshiba listened to Western Digital’s thinking, but our concerns about the prospects of success for a deal were not wiped out,” a Toshiba spokeswoman said.

Reporting by Makiko Yamazaki; Editing by Edwina Gibbs

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below