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BRIEF-Seagate to participate in consortium led by Bain Capital to acquire Toshiba Memory Corp
September 28, 2017 / 10:17 AM / in a month

BRIEF-Seagate to participate in consortium led by Bain Capital to acquire Toshiba Memory Corp

Sept 28 (Reuters) - Seagate Technology Plc

* Seagate to participate in consortium led by Bain Capital Private Equity to acquire Toshiba Memory Corporation

* Seagate Technology Plc - ‍commits to provide up to $1.25 billion in financing​

* Seagate Technology Plc - ‍expects to enter into a long-term nand supply agreement​

* Seagate Technology - to participate in consortium led by Bain Capital Private Equity that entered into deal with Toshiba to acquire Toshiba Memory Corp

* Seagate Technology Plc - ‍Seagate has committed to provide up to $1.25 billion in financing to support acquisition​

* Seagate Technology Plc - ‍Seagate expects this transaction to be accretive to its earnings​ Source text for Eikon: Further company coverage:

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