KKR has no plans to lead Toshiba bid, but could join a deal – sources
By Makiko Yamazaki, Scott Murdoch and Kane Wu TOKYO/HONG KONG – KKR & Co does not plan to lead a bid for Japanese conglomerate Toshiba Corp at this point, three people with knowledge of the situation said, as the race for what could be the country’s biggest buyout deal this year gathers pace. KKR could, however, still take part in a deal as an equity partner, said two of the sources. A spokesperson for KKR declined to comment. The global buyout firm held informal discussions about a potential deal with Toshiba’s special committee, some of the conglomerate’s shareholders and other