Bain pledges 'no breakup' of Toshiba in buyout offer

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20220418 Bain Capital Private Equity Co-Head of Asia Private Equity Yuji Sugimoto

Bain Capital aims to acquire Toshiba in what would be Japan's biggest cross-border private equity deal. (Photo by Yuki Kohara) 

MITSURU OBE, Nikkei Asia chief business news correspondent

TOKYO -- Bain Capital is promising it would keep Toshiba whole, instead of breaking up the Japanese conglomerate, and retain the current management team in a buyout proposal aimed at winning over skeptics of the U.S. company's offer.

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