Deal of the Week: Toshiba Memory Chip Sale Hinges on Nationalism

Japanese pride may dictate who buys Toshiba's crown jewel

Toshiba Corp. secure digital high capacity (SDHC) memory cards are seen in this arranged photograph taken in Tokyo, Japan, on Sunday, Feb. 19, 2017. To stay afloat, Toshiba says it may have to sell a majority stake in its last remaining crown jewel: its flash-memory business. Photographer: Bloomberg/Bloomberg

Most mergers and acquisitions don't involve nationalistic pride and potential government intervention. Toshiba's potential sale of its memory-chip business is different. Bloomberg's Ian King explains why Toshiba's struggles embody Japan's technological downfall, and how that could affect which company or private equity firm ultimately buys its crown jewel. He also explains why SoftBank is interested in owning a stake in Nvidia, following up on his scoops from last week. 

 

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