Japanese banks are following the nation’s largest insurance companies in considering more alternative assets as choices narrow.
The Bain group wants to make payments after Toshiba resolves a legal dispute with Western Digital.
Cool Japan-backed 500 Startups was earlier hit by allegations of harassment.
US chipmaker Broadcom is the other leading contender in the race.
This is the first time the government has directly backed a non-Japanese VC firm.
More focus on deals, less on valuations, is the reason in some cases.
Western Digital CEO to travel to Tokyo next week to meet Toshiba president Satoshi Tsunakawa.
Toshiba is in favor of the proposal from KKR and Innovation Network Corp. of Japan
Toshiba met with banks and made the offer as it requested loan extensions through the end of April.
© Copyright DEALSTREETASIA 2014-2019 All rights reserved.
Forgot your password?
We will never share your information with third parties.
Already have an account? Sign in here
If you don’t already have an account click the button below to create your account.
Unlock your competitive advantage in
rapidly evolving cape. Our packages
come with exclusive access to archive
content, data, discount on summit tickets & more
Be a part of our growing community now.