• SK Hynix and Bain Now Bidding For Toshiba Chip Company

    3 days ago - By Android Headlines

    Sources who are familiar with the matter say that companies including US chipmaker Broadcom, and private equity firms KKR & Co LP, and Bain Capital are seeking to make a bid for Toshiba Corp's semiconductor business. There is currently a deadline in place of tomorrow for the second round of bids. It has been reported that to be able to make the offer, Broadcom has teamed up with a private equity firm called Silver Lake, while Bain has chosen a partnership with the South Korean chipmaker SK Hynix. It is not yet clear whether either company is in a position to make their offer at some time...
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