Since the financial crisis broke out in 2015, Japan’s century-old Toshiba company has been in trouble. In 2018, it had to sell its flash memory chip business for $18 billion. Now the remaining Toshiba has to face the problem of privatization. , the price is about 22 billion US dollars, about 147.6 billion yuan. According to Reuters, a buyer for Toshiba is considering taking it private for as much as 7,000 yen ($51.41) per share, in a deal valued at about $22 billion. Compared to Toshiba’s share price yesterday, the buyer’s premium is about 27%, and several capital institutions have submitted offers, including KKR, Baring Asia, Blackstone Group, Bain Capital, Brookfield Asset Management, MBK Partners, Apollo and CVC Capital do not rule out that some bidders may form a consortium to participate in the bidding. The above institutions are mainly American capital. The most notable one is Bain Capital, which led a number of institutions to acquire a 60% stake in Toshiba’s memory chip company in 2018, valued at $18 billion. This privatization is also The most promising company. However, domestic investment institutions are also paying attention.
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