Kioxia's IPO Boosts Japanese Market as Offerings Surge

Reported 17 days ago

Kioxia Holdings Corp., backed by Bain Capital, has successfully priced its initial public offering at $5.2 billion, marking the third-largest IPO in Japan this year amidst a resurgence in the IPO market, which is expected to raise significant funds for corporate Japan. The listing will help Kioxia expand its capacity for NAND flash memory production, capitalizing on rising demand in the technology sector.

Source: YAHOO

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