The Bain Capital-led group is bidding to buy the Toshiba Memory Corporation (TMC) business and includes Dell, Kingston Technology, Seagate, and various Japanese companies, such as the Hoya Group, as well as SK Hynix – eight members in total.
However Reuters reports a news conference to announce the deal was cancelled because the eight Bain consortium members couldn't agree what to say or whether to say anything.
WDC is seeking an injunction to stop the deal with an international arbitration court.
The SK Hynix, Seagate and Kingston trio would welcome, we assume, WDC's market position being weakened.
If it can gain a legally bullet-proof injunction from the arbitration court then that could force Toshiba to abandon the Bain deal and, at last, negotiate solely with WDC.