Toshiba sells personal computer business to Sharp for $36 million

ASTANA. KAZINFORM - Toshiba on Tuesday announced the sale of 81.1 percent of the outstanding shares of Toshiba Client Solutions Co. to rival Sharp for 4 billion yen ($36 million), EFE reports.

photo: QAZINFORM

On Tuesday, both companies signed the share purchase agreement that anticipates completion of all necessary procedures, including the transfer of the stock, by Oct. 1, the company said in a statement.