We are not like that normally

Western Digital Corp’s CEO has apologised to his counterpart at Toshiba for strained ties after the US firm sued to keep their chip joint venture from being sold to rival bidders.

Deal close to being signed

Western Digital's chief executive is in Tokyo to finalise an agreement to buy the Toshiba memory chip business, ending months of dispute over the auction.

Less than the $18 billion Tosh wanted 

A consortium that includes Western Digital is offering $17.4 billion for Toshiba's memory chip business, which the Japanese conglomerate is trying to sell to cover losses from its US nuclear business, sources said this morning

Please buy our memory making business

Troubled Toshiba Corp has said that it is prioritising talks with Western Digital to sell its memory chip business.

Temporary court order issued

Western Digital won a temporary US court order on Tuesday saying that Toshiba must allow Western Digital's employees to access databases and chip samples as part of a joint venture around flash memory chip plants in Japan.

We matched rival's bids

Western Digital said it matched rival bidders' offers to acquire Japanese conglomerate Toshiba's flash memory unit which implies that Tosh was doing its best not to sell the until to its partner.

No-one caught the bus

Controversial chip designer Rambus is trying to sell itself off.

Trouble at mill

Toshiba has had to push back its timeline to clinch a sale of its flash memory chip unit, saying the $18 billion deal was being held up due to differences of opinion within the consortium chosen as preferred bidder.

Auction might be scuppered.

Western Digital is going for a court injunction to prevent Toshiba  from flogging its chip business without the U.S. firm's consent  in a move that might scupper the auction.

Still fighting for a load of old Tosh

Western Digital may join a consortium of Japanese government money and KKR & Co LP to bid for Toshiba's chip unit.