Bain Capital weighing bid to take Toshiba private - sources Scott Murdoch ,
By Scott Murdoch and Kane Wu
HONG KONG (Reuters) - Bain Capital is looking at formulating a bid to acquire Toshiba Corp, two people familiar with the matter said.
The Japanese conglomerate on Tuesday dismissed a $20 billion buyout offer from CVC Capital Partners as lacking substance but said it would consider any credible offers.
CVC had initially approached Bain about a joint bid before its offer was made public but Bain was not interested, one of the people said.
Bain has entered into discussions with Japanese banks including the core units of Mizuho Financial Group Inc and Sumitomo Mitsui Financial Group to secure funding, the person said.
Bain Capital considering bid to take Toshiba private, sources say
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Bain Capital weighing bid to acquire Toshiba
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Bain Capital considering bid to take Toshiba private
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