Bain Capital may be the next to bid for Toshiba

An overnight report ICYMI via Reuters – citing two unnamed sources:

• Bain Capital is looking at formulating a bid to acquire Toshiba

This follows Toshiba not accepting a preliminary $20 billion buyout offer from CVC Capital Partners this month. Toshiba said though it would consider any credible offers.

Toshiba shares are likely to see a renewed bid on this.