Bain Plans to Inject $9 Billion Into Toshiba Memory

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Bain plans to inject $9bn into Toshiba Memory for growth
Yuji Sugimoto, managing director at Bain: “It’s extremely unlikely that the court will rule entirely on Western Digital’s side, but even if it does, it will just gain production equipment held by a joint venture that’s just a paper company. If they don’t gain a production operation that includes employees, that’s probably not really a ‘win’ for them. We are thinking of how to arrive at an agreement.“