Passport, company that’s managing much of the technical aspects of how people pay to use public transportation resources in cities like London, Miami and Los Angeles, has just raised $43 million. The money, from Bain Capital Ventures, will go to help the company expand its payment and transaction services nationally and internationally. Read More
In a joint announcement issued on Tuesday, Toshiba and Western Digital said they will settle a dispute over the Japanese firm's plans to sell its memory chip unit to a consortium led by Bain Capital, signaling an end to the long-running saga is near.
Western Digital announced in a press conference this afternoon that they have reached a settlement agreement with Toshiba over Western Digital's objections to the sale of Toshiba's stake in their NAND flash memory joint ventures to a...Show More Summary
Bain Capital Private Equity announced today that it has successfully acquired an 87.05 percent majority stake in Asatsu-DK through a tender offer, bringing a definite end to the battle it waged with the world's largest advertising conglomerate over ownership of Japan's third-largest ad agency. "Today's successful tender offer marks an important step in the right...
After a month-long battle, the world's largest advertising conglomerate has come to an agreement with the private equity firm made famous by Mitt Romney over ownership of Japan's third-largest ad agency. Bain Capital Private Equity announced today that WPP has agreed to tender its shares in Asatsu-DK for its original offer price of 3,660 yen...
This week, the world's biggest advertising conglomerate and the equity firm made famous by Mitt Romney extended their escalating dispute over ownership of Japan's third largest ad agency. WPP, still reeling from a disappointing third quarter earnings call and two big hits to its stock price, continued its efforts to block Bain Capital from acquiring...
Feather wants to take the pain out of owning furniture and today announced the close of a $3.5 million seed round for its furniture rental business. Kleiner Perkins Caufield & Byers and Bain Capital Ventures co-led the round, with participation from several other investors, including Y Combinator (YC). Founded earlier this year, the Brooklyn, New […]
The heads of Toshiba's memory chip business and Bain Capital, the investment fund buying it, said Friday they hope to close the deal by March despite persisting opposition from Toshiba's U.S. joint venture partner Western Digital.
This press release from Silchester International Investors doesn't hold back.
Bain Capital Private Equity announced today it has filed a tender that will post tomorrow with the Tokyo Stock Exchange to purchase the common shares of Asatsu-DK, Japan's third-largest agency by market share. Bain Capital plans to purchase all shares from current shareholders, including holding company WPP, which is currently the top shareholder in the...
After being approved by the board of directors last week, Toshiba's deal to sell their memory business to a consortium led by Bain Capital has been signed and will be on the ballot for approval at a shareholders meeting on October 24. Show More Summary
Apple has reportedly finished negotiation of its financial arrangement with Bain Capital and other investors, with a possible announcement of terms of the consortium's deal for Toshiba's chip foundry to be made public as soon as Thursday.
Shortly after Apple finalized its stake in the Bain Capital bid for Toshiba’s chip-making division, that bid has now been accepted by the Japanese corporation. The delay in Toshiba finally accepting the bid was due to Apple demanding new terms, says a report … more…
There’s finally an end in sight for the ongoing saga that is the sale of Toshiba’s memory chip unit. According to a new report from Bloomberg, Apple has reached “final terms” to be part of Bain Capital’s $18 billion bid for the chip business… more…
Toshiba and a consortium led by Bain Capital Private Equity signed a deal Thursday for the sale of the Japanese electronics company's computer memory chip business, a move long opposed by Toshiba's U.S. joint venture partner Western Digital.
The latest and possibly final round of bidding for Toshiba's memory business concluded today with Toshiba's board selecting a consortium led by private equity firm Bain Capital as the preferred bidder, over competing bids from Western...Show More Summary
The board of the Japanese conglomerate is close to an agreement with a group of investors led by Bain Capital, although details must still be finalized.
Toshiba said Wednesday it would sell its memory chip business to a group led by US investor Bain Capital, in a deal worth around $18 billion and seen as crucial to keeping the Japanese conglomerate afloat. The sale to the consortiumShow More Summary
Toshiba's board signed off Wednesday on selling its computer chip business to a group led by Bain Capital Private Equity, but the deal's future remains unclear as Toshiba's U.S. joint venture partner Western Digital opposes it.
Toshiba's board has agreed to sell the company's Nand flash memory chip business for ¥2.1 trillion ($18.9 billion) to a consortium that includes private equity group Bain Capital and Apple, The Financial Times reports. At least $3 billion...Show More Summary