March 27, 2018 / 7:44 AM / 9 months ago

China says reviewing Bain consortium's proposed Toshiba chip business deal

BEIJING, March 27 (Reuters) - China’s commerce ministry said on Tuesday it was reviewing the proposed acquisition of Toshiba Corp’s chip business by a consortium led by U.S. private equity firm Bain Capital.

The ministry, in a brief statement to Reuters, did not elaborate further. (Reporting by Beijing Monitoring Desk; Editing by Himani Sarkar)

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