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Deals Rumor Mill: Toshiba, Air Berlin, JBF RAK

By Benjamin Horney (August 28, 2017, 9:39 PM EDT) -- Western Digital Corp. and its cohorts are on the verge of reaching an agreement to buy Toshiba Corp.'s memory chip business, with Reuters reporting on Monday that the companies could announce the deal as early as this week. Western Digital is leading a consortium that includes KKR & Co. LP, Innovation Network Corp. of Japan and Development Bank of Japan Inc. The group's bid is reportedly worth 1.9 trillion yen ($17.4 billion). The saga over Toshiba's memory chip business has been ongoing for months....

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