U.S. investment fund Bain Capital LP is considering acquiring Toshiba Corp., sources familiar with the plan said Thursday, adding to uncertainties over the outlook for the Japanese conglomerate after its reform plan was rejected by shareholders last week.
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.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
We humbly apologize for the inconvenience.