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Yuji Sugimoto
Toshiba in turmoil

Bain plans to inject $9bn into Toshiba Memory for growth

Executive expects success in tender offer for ADK

| Japan

TOKYO -- Bain Capital has been quite active in Japan lately, having led a U.S.-Japan-South Korean consortium to buy Toshiba Memory from its troubled parent, Toshiba, and launching a tender offer to purchase advertiser Asatsu-DK despite opposition from its leading shareholder, British-based agency WPP.

Yuji Sugimoto, managing director at Bain, spoke to The Nikkei about the private equity firm's plans for the Japanese company, including the more than 1 trillion yen ($8.9 billion) that will be provided to Toshiba Memory before it goes public.

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