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Posted on: May 19, 2017, 10:20 a.m.
U.S. buyout firm Bain Capital LP plans to bid around 1.5 trillion yen ($13.5 billion) for a majority stake in Toshiba Corp's chip business, people with knowledge of the matter said. The bid will be made in partnership with South Korea's SK Hynix Inc but the chip maker will not take a leading role due to anti-trust concerns, the people said, declining to be identified as they were not authorized to speak on the matter. Full investment news articleRelevent to this post: University of Nebraska Foundation,