Japan state-backed fund said to be in talks with Bain Capital for Toshiba buyout

Japan state-backed fund said to be in talks with Bain Capital for Toshiba buyout

A plant of Toshiba Memory Corp. in Mie, Japan. Photographer: Shingo Kawamoto/Bloomberg

A statebacked Japanese fund is in talks with private equity firm Bain Capital to form a consortium and bid for Toshiba, after breaking off from its previous partner, the Nikkei newspaper reported on Wednesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter