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Private Equity

Seagate Completes Investment In Bain Capital Private Equity Acquisition Of Toshiba Memory Corporation

by businesswire.com posted 6months ago 323 views
CUPERTINO, Calif.--(BUSINESS WIRE)--Seagate Technology plc (NASDAQ: STX), a world leader in storage solutions, today announced the Company, along with a consortium of investors led by Bain Capital Private Equity, completed the previously announced acquisition of Toshiba Memory Corporation by K. K. Pangea, a Japanese company formed for purposes of the Acquisition. The Company funded the investment of approximately $1.27 Billion by utilizing cash from its balance sheet. About Seagate Seagate crea.