Effissimo Capital, Toshiba's Top Shareholder Would Sell Stake to Bain Capital
KONTAN.CO.ID - TOKYO. The top shareholder in Toshiba Corp would sell all of its shares if U.S. private equity firm Bain Capital, were to launch a takeover bid. Effissimo Capital Management said in a regulatory filing.
When asked about the filing, a spokesperson for Singapore-based Effissimo said the fund planned to announce its stance at the appropriate time. Effissimo owns about 9,9% of Toshiba.
