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CVC, KKR Mulling Toshiba Buyout Bids as PE Firms Circle

  • Japanese company has hired advisers as it plans to seek offers
  • Global private equity firms are lining up to consider bids
Updated on

Buyout firms including CVC Capital Partners and KKR & Co. are considering bids for Toshiba Corp., people familiar with the matter said, after the Japanese conglomerate said it would open the door to potential buyers.

Suitors have been holding high-level discussions with Toshiba and its advisers, the people said, asking not to be identified discussing private information. Bain Capital has also been studying a potential deal.