Toshiba in talks with four investment firms for strategic ideas -sources

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By Makiko Yamazaki and Scott Murdoch
TOKYO/HONG KONG (Reuters) -Toshiba Corp is in talks with at least four global private equity firms including KKR & Co Inc and Blackstone Inc to seek their ideas for its new strategy, three sources with knowledge of the matter said.
Bain Capital and Canadian investment firm Brookfield have also been tapped by the scandal-hit Japanese conglomerate's strategic review committee to put together and submit their ideas for Toshiba, the sources said.
The latest process is not meant to formally solicit buyout bids for the overall company or some of its assets, and it's not immediately clear whether the engagement with buyout firms will result in formal offers in the future.
The step, however, indicates that Toshiba is engaging with potential bidders since shareholders ousted its chairman in June ...


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