Statement by Bain Capital on Antitrust Approval in China

Today we received written approval for the acquisition of Toshiba Memory Corporation from the antitrust authorities in China. All antitrust approvals have now been received and we are looking forward to closing this investment.  We are making this important investment because we see the opportunity to further grow Toshiba Memory Corporation. This transaction will help ensure a competitive global semiconductor market and protect the supply chain from potential disruption. The Bain Capital-led consortium has committed to make significant capital investments to help develop and grow semiconductor technology. This consortium of companies brings together leading industry players who will invest significant resources and work together to help ensure the semiconductor industry remains highly competitive and can respond to fast-changing demands. 

About Bain Capital Private Equity

Bain Capital Private Equity (www.baincapitalprivateequity.com) has partnered closely with management teams to provide the strategic resources that build great companies and help them thrive since its founding in 1984. Bain Capital Private Equity’s global team of approximately 220 investment professionals creates value for its portfolio companies through its global platform and depth of expertise in key vertical industries including healthcare, consumer/retail, financial and business services, industrials, and technology, media and telecommunications. Bain Capital has offices in Boston, Chicago, New York, Palo Alto, San Francisco, Dublin, London, Munich, Madrid, Melbourne, Mumbai, Hong Kong, Shanghai, Guangzhou Sydney and Tokyo.  The firm has made primary or add-on investments in more than 760 companies since its inception. In addition to private equity, Bain Capital invests across asset classes including credit, public equity and venture capital, managing approximately USD 95 billion in total and leveraging the firm’s shared platform to capture opportunities in strategic areas of focus.