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.

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.