Proposal has potential to catalyse faltering sale process of flash memory unit
Consortium still in three-horse race with Western Digital and Foxconn
Bankers step up pressure on Japanese conglomerate to agree a sale by end of August
Partners in joint venture at odds over $1.8bn funding for next-generation equipment
Japanese group agrees to notify rival on deals that may affect memory chip unit sale
Hearing in 2 weeks to decide if $18bn sale of unit can go ahead
Change of heart highlights Japanese group’s desperation to seal key $18bn sale
Legal dispute with Western Digital leads to unusual step on providing collateral
Group seen applying pressure to let it sell assets, raise cash and delay collapse
Japanese group yet to reach final deal as Western Digital resubmits bid
Preferred consortium for unit includes Bain, SK Hynix and Innovation Network Corporation of Japan
Sterling and gilt yields rise after BoE interest rate vote
Last-ditch effort comes as Western Digital approach gets lost in legal dispute
Storage tech group approaches international court over claims of breach of contract
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