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New Toshiba Corp. Chairman and CEO Nobuaki Kurumatani emphasized Tuesday that the company does not intend to change plans to sell its lucrative memory chip unit even now that it has staved off financial woes.

“I’ve experienced a lot of M&As, and it’s common sense that stakeholders need to work sincerely toward closing the deal once they’ve signed a contract,” Kurumatani said during an interview at the firm’s headquarters in Minato Ward, Tokyo.

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