Bain-SK Hynix consortium ups bid for Toshiba chip unit to $22b

Bain-SK Hynix consortium ups bid for Toshiba chip unit to $22b

PHOTO: REUTERS/Yuriko Nakao/File Photo

A group including Bain Capital and South Korea’s SK Hynix has raised its offer for Toshiba Corp’s chip business to 2.4 trillion yen ($22.3 billion) including a 200 billion yen investment in infrastructure, sources familiar with the matter said.

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