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Bain Capital mulls potential Toshiba takeover
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Toshiba’s top shareholder said 31 March it had agreed to support a possible takeover bid led by US private-equity firm Bain Capital, an initial step to fulfill foreign shareholders’ desire to take the Japanese conglomerate private.
Bain said it wanted to hold “careful and sincere” discussions with Toshiba’s management, the Japanese government and banks over the possible bid. It cautioned that no decisions have been made.
“There...
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