Tokyo: The top shareholder in Toshiba Corp would sell all of its shares if 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 plans to announce its stance at the appropriate time.
Reuters reported last year that Bain was looking at formulating a bid to take Toshiba private, making it one of several firms said to be interested in such a deal.
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