CORRECTED - UPDATE 3-Bain Capital wins race for Ripplewood audio maker

Newswire

(Removes reference to Kenwood as partner of Bain in paragraph 3 as Kenwood says it was not involved in the buyout, and adds Kenwood's previous comments on a potential alliance with D&M. In the following paragraph Kenwood spokesman amends comments on potential for alliance with D&M and relationship with Bain) TOKYO, June 20 (Reuters) - Private equity firm Bain Capital will launch a $445 million bid to buy out Japan's D&M Holdings Inc , the maker of Denon audio equipment, from ...

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