TOKYO -- Japan Investment Corp. will dissolve a partnership with Japan Industrial Partners and instead seek to join hands with Bain Capital on a joint bid for Toshiba's restructuring, Nikkei has learned.
Companies rejig partnerships hoping to gain ground in 2nd bidding round

Toshiba's market capitalization exceeds 2 trillion yen ($13.8 billion) and investors will need to have deep pockets to take it private. (Photo by Takayuki Yao)
TOKYO -- Japan Investment Corp. will dissolve a partnership with Japan Industrial Partners and instead seek to join hands with Bain Capital on a joint bid for Toshiba's restructuring, Nikkei has learned.