October 4, 2017 / 9:15 AM / 4 months ago

Bain Capital says to meet media on Thursday to discuss Toshiba chip deal

TOKYO (Reuters) - U.S. buyout firm Bain Capital, which leads a consortium that last week signed an $18 billion deal with Toshiba Corp (6502.T) to buy its chip unit, said it will hold a news conference at 3 pm JST (0600 GMT) on Thursday to discuss the deal.

    Bain Capital last week called a news conference to talk about the deal but cancelled the event at the last minute, saying the consortium led by Bain could not form a consensus on whether to brief the media. [nL4N1M92T7]

    Bain Capital’s managing director Yuji Sugimoto will meet journalists, Bain said in a statement.

    Reporting by Junko Fujita; Editing by Muralikumar Anantharaman

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