Western Digital to Block Toshiba’s bid to Sell

  • Western Digital, which bought San Disk last year who was Toshiba’s joint venture partner since 2000, file an injunction order in the International Court of Arbitration to block Toshiba’s sell to Bain Capital and Apple
  • The deal itself remains unsigned as Apple has yet to give the green light to the deal
  • A final ruling on the injunction is not expected before 2019
  • The injunction from Western Digital underscores the high stakes nature of these chip deals