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(Update) 4 Groups Bid for Toshiba Flash Memory Biz

(Update) 4 Groups Bid for Toshiba Flash Memory Biz

   Tokyo, May 19 (Jiji Press)--Four groups including U.S. investment firm Kohlberg Kravis Roberts & Co. have bid for Toshiba Corp.'s <6502> flash memory business, informed sources said Friday.
   The remaining three that submitted their bids by the Friday deadline for the second round of the auction are Taiwan's Hon Hai Precision Industry Co., U.S. chipmaker Broadcom Ltd. and a consortium of U.S. investment fund Bain Capital and South Korean semiconductor maker SK Hynix Inc.

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AFP-JIJI PRESS NEWS JOURNAL


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