An overnight report ICYMI via Reuters - citing two unnamed sources:

  • Bain Capital is looking at formulating a bid to acquire Toshiba

This follows Toshiba not accepting a preliminary $20 billion buyout offer from CVC Capital Partners this month. Toshiba said though it would consider any credible offers.

Link to the Reuters piece here for more.

Toshiba shares are likely to see a renewed bid on this.