Bain, INCJ make $19b offer to buy Toshiba’s chip unit

Toshiba logo (visual from the MBT website -Shohei Miyano/Reuters)

A group led by Bain Capital LP and Japanese investors has offered about 2.1 trillion yen ($19 billion) for Toshiba Corp.’s semiconductor division, emerging as a leading bidder in the hotly contested auction, according to people familiar with the matter.

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