Items tagged with bain capital
After spending many months battling roadblock after roadblock in its fight to continue to be listed on the Toyko Stock Exchange, Toshiba has unveiled a definitive plan to offload its microchip business. Investors have come to the company's rescue, offering up $18 billion USD to acquire its lucrative NAND capacities. Investors include American investment firm Bain Capital, and two organizations controlled by the Japanese government: Innovation Network Corporation, and Development Bank of Japan. With its $2 trillion yen sale, Toshiba would be $740 billion yen for the better, allowing it to remain on the TSE, in turn enabling further investments from the public. Thus far in its attempt to sell its...
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