U.S.privateequityfirmBainCapitalLPonThursdaysaiditaimstolistToshibaCorp’schipunitontheTokyoStockExchangewithinthreeyears,tocashinitsinvestmentafterleadingan$18b
Japan’sToshibaCorpagreedonWednesdaytosellitsprizedsemiconductorbusinesstoagroupledbyUSprivateequityfirmBainCapitalLP,akeystepinkeepingthestrugglingJapanesecongl
Aswellasunveilingthe10th-anniversaryiPhonethisweek,ApplealsojoinedabidtobuyToshiba’smemorychipsbusiness,adealwhichwouldpreventtheUStechgiantfromlosingcontroloft
UStechtitansAppleandDellhavejoinedabidtobuyToshiba'smemorychipbusiness,adealseenaskeytothesurvivalofthecash-strippedJapaneseindustrialconglomerate,theUSinvestor
Twitter Inc said on Wednesday that Chief Operating Officer Adam Bain, widely credited with building a robust advertising business at the company even as it struggled with user growth, is leaving to explore other opportunities.
Decline in China's luxury consumption widened in 2015 amid the government's ongoing anti-corruption campaign, a slowing economy and increased buying outside China, according to a report released on Wednesday.