Bain Again Appears to Be Toshiba’s Choice for Its $22 Billion Chip Unit

Japan’s embattled Toshiba (tosbf) has selected a group led by U.S. private equity firm Bain Capital to buy its prized memory chip unit, three people with knowledge of the talks said on Wednesday, a last-minute dramatic twist to a highly contentious auction. But it’s unclear whether the decision by Toshiba’s […] Read more »