Cash-strapped Toshiba has denied rumours that it is planning to flog off its PC business to Asus.
The rumours seemed to fly after it became clear that Tosh was not going to be able to raise enough cash from the sale of its lucrative memory chip business in time to ward off the threat of a delisting.
Toshiba needed to find $9 billion after its Westinghouse US nuclear division turned sour.
Asus was named as well as Lenovo as potential buyers for the Tosh PC business.
However, Toshiba has rebuffed these claims in a statement, saying: “Reports that Toshiba has decided to sell off the business are not grounded in fact, nor is it in discussion with any individual company.”
Toshiba, however, confirmed that a group of hedge funds would be grouping together to acquire $5.4 billion in new Toshiba shares.
The vendor confirmed plans to explore the sale of the Westinghouse division so if anyone wants a second-hand nuclear reactor they should be able to pick up one pretty cheap.
