http://fortune.com/2017/07/25/toshiba-western-digital-chip-sale/
Toshiba Is Scrambling to Close $18 Billion Sale to Cover Losses
Reuters
东芝要卖金鸡母补财务漏洞
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.
东芝董事会将在周三开会讨论除了美日韩联盟、WD跟鸿海的竞标
Toshiba is scrambling to sell its flash memory unit to cover losses from its
bankrupt U.S. nuclear business Westinghouse.
TMC这笔出售案将用来弥补核电事业群西屋的亏损
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.
原本想赶快跟跟美日韩联盟敲定这笔案子
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跟东芝有合资跑出来抢亲 说没有他同意不能嫁给美日韩联盟
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.
法律战把这笔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.
另一个关键点是海力士原本说好的可转债聘金 这可以让他变成第二大NAND制造厂
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的技术留在手里
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.
但月初还是重启了跟鸿海跟WD的谈判
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提供了约两兆日圆的报价 还要跟私募基金加入KKR & Co还有两个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的搞法损害了投票权的要求 这项出售案的会谈过程中会是保密的
东芝会在周三开会讨论出售案 目前似乎还是维持三强鼎立的状态