China approves Toshiba's sale of $18 billion chip unit to Bain
“All antitrust approvals have now been received and we are looking forward to closing this investment,” Bain Capital said in a statement on Thursday.
“The Bain Capital-led consortium has committed to make significant capital investments to help develop and grow semiconductor technology.”
Toshiba said that it expects the deal to be completed on June 1. ■