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Toshiba, Western Digital may agree to settle dispute as early as today

( December 12, 2017, 01:41 GMT | Insight) -- Toshiba and Western Digital may sign an agreement as early as today to settle their dispute involving Toshiba’s sale of its memory unit, the Nikkei newspaper reports.Toshiba and Western Digital may sign an agreement as early as today to settle their dispute involving Toshiba’s sale of its memory unit, the Nikkei newspaper reports. The two companies will drop lawsuits filed against each other and resume joint investment in their Japanese chipmaking operations. Western Digital’s board has approved the signing of the settlement agreement, according to the newspaper. However, Toshiba’s planned sale of its memory unit to a consortium led by Bain Capital still needs approval from antitrust regulators in China and elsewhere. Toshiba released a statement in response to the news report, saying that it will make a swift disclosure when such an agreement is reached....

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