Managers reportedly hired for Toshiba Memory IPO, possibly Japan's biggest in 2019

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By Junko Fujita and Taro Fuse

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When Bain Capital acquired Toshiba Memory, it had an options contract with SK Hynix to sell a controlling stake of Toshiba Memory at certain price.

Looks like Bain Capital is trying to exercise this stock option quickly and hand over Toshiba Memory to SK Hynix.

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