Bain said to aim for Toshiba chip IPO as soon as 2020

Bain said to aim for Toshiba chip IPO as soon as 2020

A logo of Toshiba Corp is seen on a printed circuit board in this photo illustration taken in Tokyo July 31, 2012. REUTERS/Yuriko Nakao/File Photo

Bain Capital’s consortium plans to take Toshiba Corp.’s flash-memory unit public two to three years after closing its 2 trillion yen ($18 billion) acquisition of the business, according to people familiar with the matter.

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