Toshiba enlists Goldman to sell semiconductor business
January 26, 2017
Semiconductors | Tokyo, Japan | Secondary Transaction
Toshiba (TKO: 6502) has hired Goldman Sachs to sell a 20% to 30% stake in its semiconductor business, according to Bloomberg. The company is reportedly looking to start the auction process in February, with a goal of choosing the winning bid by the end of March. Canon (TKO: 7751) will think about making a bid if asked, per Bloomberg.