Bain, INCJ Said to Offer $19B for Toshiba Chip Unit

The transcript discusses the leading bid for Toshiba, highlighting the involvement of key stakeholders such as Innovation Corporation Network of Japan, Development Bank of Japan, and SK Hynix. The bid is between 2 and 2.1 trillion yen, with SK Hynix contributing debt to avoid antitrust issues. KKR is also involved, presenting a competing bid. The timeline for finalizing the bid is tight, with a decision expected by the end of June. Western Digital, a manufacturing partner, opposes Broadcom's bid and has taken legal action. The outcome is anticipated soon, with a potential winner by next week.

What is the estimated value of the bid mentioned in the text?

Which companies are mentioned as being involved in the bid?

What is the significance of SK Hynix's contribution to the bid?

What deadline is Toshiba aiming for to finalize the bid?

How has Western Digital reacted to the bids mentioned?