Seagate pledges not to buy stake in Toshiba chip unit for 10 years: Reuters

Seagate Technology PLC (STX.O), a member of the group taking over Toshiba Corp’s (6502.T) chip unit, pledged not to buy any stake in the unit for 10 years as part of the $18 billion deal, showed a document from group leader Bain Capital LP reviewed by Reuters.

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