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Bain Capital files for antitrust approval globally for purchase of Toshiba chip unit

( October 6, 2017, 02:05 GMT | Insight) -- Bain Capital, which leads a group of companies that signed an agreement to acquire Toshiba's semiconductor business last week, has filed for antitrust approval globally and wants to close the deal by the end of March, Reuters reported, citing Yuji Sugimoto, head of the investment firm's Japanese operations. Bain Capital, which leads a group of companies that signed an agreement to acquire Toshiba's semiconductor business last week, has filed for antitrust approval globally and wants to close the deal by the end of March, Reuters reported, citing Yuji Sugimoto, head of the investment firm's Japanese operations. Bain Capital will help Toshiba settle its ongoing dispute with Western Digital, which is seeking an injunction to block the transaction, Sugimoto told a news conference yesterday, according to Reuters. Bain filed for antitrust approval in China the day after the deal was signed, Reuters reports, citing an unidentified person familiar with the matter. ...

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