Exclusive: Hong Kong fund tells Toshiba that chip unit sale to Bain group not necessary
December 11, 2017 at 06:40 AM EST
TOKYO (Reuters) - A Hong Kong-based activist investor in Toshiba Corp has told the embattled conglomerate that the $18 billion sale of its chip unit to a Bain Capital-led group is no longer necessary after its recent capital injection, according to a letter seen by Reuters.