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U.S. Fund, Hon Hai Bid for Toshiba Flash Memory Biz

U.S. Fund, Hon Hai Bid for Toshiba Flash Memory Biz

   Tokyo, May 19 (Jiji Press)--A consortium of U.S. investment fund Bain Capital and South Korean semiconductor maker SK Hynix Inc. is believed to have bid for Toshiba Corp.'s <6502> flash memory business, informed sources said Friday.
   Taiwan's Hon Hai Precision Industry Co. is also believed to have submitted its bid by Friday, the deadline for the second round of the auction, the sources said.

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AFP-JIJI PRESS NEWS JOURNAL


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