Group of Japanese firms may join Toshiba buyout bidder

By teaming up with domestic companies to buy Toshiba Corp, Tokyo-based fund, Japan Industrial Partners, hopes to gain advantage over other bidders, including U.S. investment fund Bain Capital. |   REUTERS

A Japanese investment fund seeking to buy out Toshiba Corp. is asking a group of Japanese companies to join hands to clear the second round of bidding for the troubled conglomerate, people close to the matter said Sunday. By teaming up with domestic companies, the Tokyo-based fund, Japan Industrial Partners, could gain an advantage over

U.S. firm Bain Capital eyes buyout of Toshiba

Toshiba's largest shareholder Effissimo Capital Management Pte Ltd. indicated it would sell Toshiba shares it holds to Bain Capital if it launched a takeover bid for the Japanese firm. | REUTERS

In a time of both false information and excessive details, quality journalism is more important than ever.By subscribing, you can assist us get the story right. SUBSCRIBE NOW Source link. 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

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