Toshiba board to approve plans to split off chip business on Friday: source

TOKYO (Reuters) - Toshiba Corp's board will meet on Friday to approve plans to make its chip business a separate company and hopes to raise more than 200 billion yen ($1.8 billion) by selling a 20 percent stake in it, a person with direct knowledge of the matter said.

Toshiba board to approve plans to split off chip business on Friday: source
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