Reuters logo
SK Hynix says some key issues on Toshiba chip unit sale still need agreement
September 21, 2017 / 5:16 AM / a month ago

SK Hynix says some key issues on Toshiba chip unit sale still need agreement

SEOUL (Reuters) - SK Hynix Inc (000660.KS), part of the winning consortium for Toshiba Corp’s (6502.T) chip unit, said on Thursday that some key issues still needed to be agreed upon.

FILE PHOTO: The logo of SK Hynix is seen at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji/File Photo

Toshiba said on Wednesday it had agreed to sell the prized unit to a consortium led by U.S. private equity firm Bain Capital and expectations of a formal signing on Thursday had been high.

“There are some key issues still to be agreed upon in the content approved by Toshiba’s board,” the South Korean chipmaker said in a regulatory filing, adding that it would continue with discussions.

Reporting by Joyce Lee; 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