TOKYO—Apple Inc., Dell Technologies Inc. and two other U.S. technology companies are set to give up their preferred shares in Japanese chip maker Toshiba Memory Holdings Corp. for more than $4 billion under a refinancing plan, according to people familiar with the plan. The U.S. companies, which are customers for Toshiba Memory’s semiconductors, helped a Bain Capital-led consortium take over the chip maker from former parent Toshiba Corp. in June, preventing Western Digital Corp. from taking control of its memory joint venture...

Source: Wall Street Journal May 20, 2019 10:30 UTC