Buyout firms including CVC Capital Partners and KKR & Co. are considering bids for Toshiba Corp., people familiar with the matter said, after the Japanese conglomerate said it would open the door to potential buyers.

Suitors have been holding high-level discussions with Toshiba and its advisers, the people said, asking not to be identified discussing private information. Bain Capital has also been studying a potential deal. 

Their interest shows that major private equity funds see an opportunity at the troubled Japanese firm, where management and shareholders have been at odds for years over the company’s future. A buyout of Toshiba, which has a market capitalization of almost $18 billion, would possibly be private equity’s biggest ever deal in the country.

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