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Seagate Completes Investment in Bain Acquisition of Toshiba Memory Corporation

$1.27 billion

Seagate Technology plc announced the company, along with a consortium of investors led by Bain Capital Private Equity, completed the previously announced acquisition of Toshiba Memory Corporation by K. K. Pangea, a Japanese company formed for purposes of the acquisition.

The company funded the investment of approximately by utilizing cash from its balance sheet.

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