Bain Capital is seeking a $7B commitment from Apple for its Toshiba memory chip takeover bid, according to Bloomberg sources; Apple previously agreed to invest $3B, but is now being asked to agree to $1B equity and $6B in debt financing; the consortium is offering $19B - Link

Update 1: Toshiba agrees to sell its chip business to the Bain-led consortium, according to Bloomberg sources; the group has told Toshiba it will complete the deal even if disputes over Western Digital joint ventures remain unresolved; Toshiba selected the group as its preferred bidder in June but terms were never finalized - Link

Update 2: Toshiba confirms the sale of its chip division to the Bain-led consortium for $18B; if disputes with Western Digital aren't resolved by the time the deal is closed, the three facilities will be removed from the agreement and the price adjusted - Link