CVC Said to Join Hitachi in Bid for Toshiba's Landis+Gyr

The transcript discusses a rumored deal involving Toshiba, focusing on its financial challenges and asset sales, including the chip division. Toshiba faces significant losses due to the Westinghouse bankruptcy and is considering various options, including an IPO and stake sale. The chip division has several potential bidders, with concerns about regulatory issues and ties to China. The role of Innovation Network Corp of Japan (INCJ) and Development Bank of Japan (DBJ) is highlighted, as they may influence the outcome of the chip auction.

Who are the main bidders for Toshiba's chip business?

How might selling the 40% stake in Landis and Gear benefit Toshiba?