Western Digital Plans To Offer A New Takeover For Toshiba

Author:OMO Release Date: 2017年6月2日


NEW YORK (Reuters) - Western Digital plans to offer a new takeover offer to Toshiba next week, hoping that the revised offer will resolve the two companies' conflicts in the Toshiba chip business.

Informed sources say Steve Milligan, head of Western data, will arrive in Tokyo next week to meet with Satoshi Tsunakawa, president, who wants to remain anonymous because of privacy concerns. The source also said the new plan aims to make Toshiba's shareholders more receptive to Western-based acquisitions. The source did not disclose the specific offer or the number of Western partners.

Western data is one of the co-manufacturers of Toshiba chips, the two companies in the Toshiba chip business has differences on the sale. Toshiba, which is in deep financial distress, is in desperate need of the chip sector to maintain its competitiveness after investing in nuclear facilities. Due to fear of Toshiba chips fall into the hands of other competitors, the western data is a blockade of Toshiba's trade.

Today, Toshiba shares rose 3.3%, Western data shares in the US trading rose 1.7%.

Informed sources said that in the May 19 end of the second round of bidding, Broadcom and investment fund KKR became the two major bidder. One person said that Broadcom bid about 20 billion US dollars, compared to other competitors, Broadcom in the review link is also more advantages. If you want to learn more information about electronic components and parts, please go to omoelec.com.

The bid for KKR is about $ 16.4 billion and is likely to be supported by the Japanese government. KKR's bidding team also includes Japan Innovation Network and Japan Development Bank, both of which are supported by the Japanese government. There are rumors that Western Digital had discussed joining the bid, but only offered 20% of the shares.

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