Faced with new bid, Toshiba looks set to miss chip sale deadline

TOKYO (Reuters) – Toshiba Corp looks set to miss its own deadline of Aug 31 to agree an $17.3 billion sale of its chips business, a deal that would plug a gaping balance sheet hole and help the group avoid an embarrassing and potentially costly delisting.

from Reuters: Business News http://ift.tt/2wpHhUB http://www.reuters.com

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