• SHARE

Toshiba has selected four bidders — private equity firms Bain Capital, CVC Capital Partners and Brookfield Asset Management and a Japanese consortium — to proceed to a second bidding round, people briefed on the matter said.

The race for what could be the country’s biggest buyout deal this year is gathering pace, as the four bidders are now invited to conduct due diligence for several months.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)