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© (c) Copyright Thomson Reuters 2019.Managers reportedly hired for Toshiba Memory IPO, possibly Japan's biggest in 2019
By Junko Fujita and Taro Fuse TOKYO©2024 GPlusMedia Inc.
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Samit Basu
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.