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Companies

Toshiba accelerates debt repayment as finances improve

The move gives company more freedom over memory sale as banks lose sway

Chinese antitrust regulators are still reviewing the proposed sale of Toshiba Memory. (Photo by Takuya Imai)

TOKYO -- Toshiba is quickly paying down its debt, diminishing the influence of lenders who want a quick sale of its memory unit to a group led by U.S. buyout firm Bain Capital and fueling speculation that the company may consider a different route on the sale.

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