TOKYO -- CVC Capital Partners is preparing a $20 billion bid for Toshiba, while a consortium led by Bain Capital has offered to buy Hitachi Metals in a deal that Nikkei reports could be worth $7.3 billion.
US-China tensions and corporate reform drive buyout boom

The rise of megafunds specializing in Asia is driving private equity investments in Japan. (Source photo by Arisa Moriyama)
TOKYO -- CVC Capital Partners is preparing a $20 billion bid for Toshiba, while a consortium led by Bain Capital has offered to buy Hitachi Metals in a deal that Nikkei reports could be worth $7.3 billion.