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... Read more...