Toshiba Seeks At Least $8.8 Billion in Chip Stake Sale

Toshiba Corp. is looking to raise at least 1 trillion yen ($8.8 billion) from the sale of its memory chip business and will aim to complete the transaction by March 2018, according to a person familiar with the matter.

Toshiba Corp. is looking to raise at least 1 trillion yen ($8.8 billion) from the sale of its memory chip business and will aim to complete the transaction by March 2018, according to a person familiar with the matter.