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Bain Capital is considering a takeover bid for Toshiba, after the Japanese conglomerate fired its CEO and dismissed a $20 billion approach by CVC Capital Partners, according to Reuters.

Why it matters: This would be Bain's second mega-deal with the company. The consulting firm paid $18 billion for the Toshiba's flash memory unit in 2018, which currently stands as the largest-ever leveraged buyout of an Asian company.

Bain Capital considers doubling down on Toshiba

Bain may top its own record for largest-ever Asia buyout.

Photo: Kiyoshi Ota/Bloomberg via Getty Images

Private equity

Bain Capital is considering a takeover bid for Toshiba, after the Japanese conglomerate fired its CEO and dismissed a $20 billion approach by CVC Capital Partners, according to <a class="gtmContentClick" data-vars-link-text="Reuters" data-vars-click-url="https://link.axios.com/click/23602048.21636/aHR0cDovL2F4aW9zLmxpbmsvWVF5TD91dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc3Byb3JhdGEmc3RyZWFtPXRvcA/584972a1ade9c26e668b4588B662bb62c" data-vars-content-id="036227e6-5df4-4c52-b7f6-75b1231ed254" data-vars-headline="Bain Capital considers doubling down on Toshiba" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://link.axios.com/click/23602048.21636/aHR0cDovL2F4aW9zLmxpbmsvWVF5TD91dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX21lZGl1bT1lbWFpbCZ1dG1fY2FtcGFpZ249bmV3c2xldHRlcl9heGlvc3Byb3JhdGEmc3RyZWFtPXRvcA/584972a1ade9c26e668b4588B662bb62c" target="_blank">Reuters</a>.Why it matters: This would be Bain&#x27;s second mega-deal with the company. The consulting firm paid $18 billion for the Toshiba&#x27;s flash memory unit in 2018, which currently stands as the largest-ever leveraged buyout of an Asian company.

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Bain Capital considers doubling down on Toshiba

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