The Latest Breaking News from Bain Capital

Mark Hartigan’s exit followed anger over attempt to arrange insurer’s sale to US private equity firm Bain Capital

Amid the challenging private market environment, the firm raised two new funds above their target size.

The Vatican said on Friday it had sold the luxury London building at the centre of an ongoing corruption trial to Bain Capital in recent days for 186 million pounds ($223.6 million).

Potential buyers for Japanese conglomerate Toshiba Corp (OTC:TOSYY) are mulling offering up to 7,000 yen ($51.41) per share, Reuters reported. The offer price, if realized, will value the company at about $22 billion, representing a 27% premium to Toshiba's share price of 5,501 yen as of Wednesday's close. Related: Toshiba Gets Privatization Proposals -…

It is expected that final offers will be tabled next month for a stake of up to 40%

Japanese multinational Toshiba Corp (OTC:TOSYY) has received eight proposals for privatization and two to form capital alliances that would make it remain listed. The company’s board of directors and a special committee have previously sought proposals for strategic alternatives after the shareholders voted against a proposed restructuring plan. The proposals received are not legally…

South Carolina children who need immediate, around-the-clock psychiatric care risk being stranded for days — even weeks — waiting for help, only to be sent hundreds of miles away from home for treatment.

The American, 67, is co-owner of NBA team the Boston Celtics and is co-chairman of Bain Capital

Toshiba Corp (OTC:TOSYY) looks to assess potential bids from private equity and other investors to take the Japanese conglomerate private, the Financial Times reports. The new committee assessing the bids will include the group's six existing independent directors, Tiga Investments founder Raymond Zage and the former Noble Group executive chair Paul Brough. …