Toshiba claims Hoya's sweeter offer for Toshiba's NuFlare product is not challenged

TOKYO (Reuters) — Toshiba Corp (6502.T) does not feel threatened by Hoya Corp's (7741.T) counter-offer for NuFlare's Toshiba chip equipment business, adding that it does not expect Hoya to succeed even if its own offer falls.

In an interview with Reuters, Toshiba CEO Nobuaki Kurumatani said that the Japanese conglomerate, which owns 52.4 percent of NuFlare Technology Inc (6256.T), had no intention of embracing Hoya'....