http://fortune.com/2017/07/25/toshiba-western-digital-chip-sale/
Toshiba Is Scrambling to Close $18 Billion Sale to Cover Losses
Reuters
東芝要賣金雞母補財務漏洞
11:53 AM ET
Toshiba's board will meet on Wednesday to consider offers for its chip unit
from Western Digital and Taiwan's Foxconn in addition to a bid from a
consortium that was previously favorite, a source familiar with the matter
said.
東芝董事會將在周三開會討論除了美日韓聯盟、WD跟鴻海的競標
Toshiba is scrambling to sell its flash memory unit to cover losses from its
bankrupt U.S. nuclear business Westinghouse.
TMC這筆出售案將用來彌補核電事業群西屋的虧損
But it has struggled to close a 2 trillion yen ($18 billion) deal with the
group it previously chose as preferred bidder—a consortium including
Japanese-government backed funds, Bain Capital and South Korean chip maker SK
Hynix.
原本想趕快跟跟美日韓聯盟敲定這筆案子
Western Digital (WDC, +0.34%), which jointly operates Toshiba's main chip
plant, also wants to buy the business. It sought an injunction to block the
sale to the consortium, arguing that any transaction required its consent.
WD跟東芝有合資跑出來搶親 說沒有他同意不能嫁給美日韓聯盟
The legal battle has unnerved the state-backed funds and they want the deal
to be conditional on the conflict with Western Digital being resolved.
法律戰把這筆出售案搞得七上八下的
Another key point of contention has been a proposal by SK Hynix to help fund
the deal with convertible bonds—a step that could eventually give it an
equity interest in the world's second-largest maker of NAND flash memory
chips.
另一個關鍵點是海力士原本說好的可轉債聘金 這可以讓他變成第二大NAND製造廠
Japanese government officials are eager to keep Toshiba's semiconductor
technology in domestic hands, according to sources.
日本政府希望把TMC的技術留在手裡
In attempt to revive the stalled talks, Toshiba earlier this month began
reconsidering offers from Western Digital and Foxconn, formally known as Hon
Hai Precision Industry, sources have said.
但月初還是重啟了跟鴻海跟WD的談判
Western Digital is also offering about 2 trillion yen and would form an
alliance with U.S. private equity firm join KKR & Co as well as the two
Japanese government funds that are part of the preferred bidder group, the
source said on Tuesday.The U.S. company has significantly compromised on its
earlier demands for voting rights, said the source, who requested anonymity
because the talks were confidential.
WD提供了約兩兆日圓的報價 還要跟私募基金加入KKR & Co還有兩個日本政府基金一起搞
The U.S. company has significantly compromised on its earlier demands for
voting rights, said the source, who requested anonymity because the talks
were confidential.
WD的搞法損害了投票權的要求 這項出售案的會談過程中會是保密的
東芝會在週三開會討論出售案 目前似乎還是維持三強鼎立的狀態