Bain Capital nearing final close of Asia fund worth $6bn

Bain Capital nearing final close of Asia fund worth $6bn

U.S. private equity firm Bain Capital is nearing the final close of its fifth and biggest Asia-focused fund after having raised around $6 billion from global investors, said two people with knowledge of the situation. The committed capital to the fund has exceeded the...
Japan’s Toshiba considers $20bn take-private deal

Japan’s Toshiba considers $20bn take-private deal

Toshiba Corp is considering a $20 billion offer from private equity firm CVC Capital Partners to take it private, a person familiar with the matter said, as the Japanese industrial conglomerate faces pressure from activist shareholders to improve governance. The...