Toshiba to be acquired by Bain?
Effisimo Capital, which is Toshiba’s largest shareholder, announced it will agree to sell its stake to Bain Capital, if the U.S. private equity firm launches an offer to buy entire company, according to Reuters News Service
- “This basically means it is going to kick off a competitive auction process”
- Toshiba’s current market capitalization is around $16 billion