KKR & Co. wants Apple to switch sides in attempt to buy Toshiba’s memory chip division
<p>KKR & Co. — an American multinational private equity firm, specializing in leveraged buyouts — is trying to persuade Apple to switch sides and join the private equity firm in a bid for Toshiba Corp.’s flash memory chip business. According to <a target="_blank" href="https://www.bloomberg.com/news/articles/2017-09-25/kkr-said-to-be-wooing-apple-to-switch-sides-in-toshiba-bid" rel="noopener noreferrer"><em>Bloomberg</em></a>, Toshiba told creditors that the Bain-backed winning consortium wasn’t finalized yet, because Apple hadn’t agreed to all the terms.</p>