Apr 3, 2022
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U.S. financial investment fund Bain Capital LP is considering acquiring Toshiba Corp., including to uncertainties over the outlook for the Japanese conglomerate after its reform plan was turned down by investors last week, sources familiar with the plan said Thursday.Toshiba s largest investor Effissimo Capital Management Pte Ltd. showed it would offer the shares it holds to Bain Capital if it launched a takeover quote for the Japanese firm.Toshiba, a home name in Japan with an almost 150-year history, had actually looked for majority assistance for its proposition to divide into two noted business at an extraordinary shareholders satisfying on March 24. We will continue to think about every possible option to improve our business value, Toshiba stated in a statement.
KEYWORDS.
Toshiba, Bain Capital.
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