The Latest Breaking News from Bain

South Africa’s Revenue Service is one of many state institutions in South Africa that have been fingered in the Judicial Commission of Inquiry into State Capture. In addition, a special commission established to investigate internal governance at the agency found massive failures of governance. Professor Mills Soko spoke to Commissioner…

Global management consultancy’s three-year ban follows pressure by ex- Labour minister Peter Hain

Analysts suggested that products relying on semiconductors will likely get more costly as chip foundries prepare to increase their prices, CNBC reports. Global semiconductor lead at Accenture Plc (NYSE:ACN) saw the magnitude of any price increases depending upon the share of semiconductor cost in the overall product cost, the ability of manufacturers to…

Toshiba Corp (OTC:TOSYY) bagged interest from 10 potential investors after canvassing buyout offers, Reuters reports. The deadline for submitting non-binding proposals is May 30. Also Read: Toshiba To Weigh Deals To Go Private Long under pressure from activist shareholders, the Japanese conglomerate also announced a special dividend worth $545 million for the second…

A shift in spending habits in Asia and a crackdown on wealth by Beijing threaten a profit squeeze for high-end brands

Key Takeaways: Data center operators GDS and EdgeConneX have reportedly expressed interest in making bids for Chindata Chindata’s control by U.S. private equity giant Bain and the recent departure of its founder may make it ripe for such a buyout By Doug Young   

Mark Hartigan has been given £511,000 bonus for 2021 – a humbler CEO would have let the dust settle

Insurance company LV= has moved to shore up its board in the wake of the failed sale to private equity group Bain Capital and confirmed that one of the architects of the botched attempt, chairman Alan Cook, has stepped down.

Deal to buy mutual insurer was second attempt after US private equity firm’s takeover was blocked