Bain Plans $500 Million IPO for Chipmaker Kioxia

Reported about 2 months ago

Bain Capital is moving forward with plans for an initial public offering of Kioxia Holdings Corp., aiming to raise approximately $500 million. The IPO could launch in the coming weeks and comes amid a positive outlook for memory chip markets, following the company's previous acquisition from Toshiba Corp. in 2018. If successful, Kioxia's listing would be the largest IPO in Japan since last year's Kokusai Electric Corp. offering.

Source: YAHOO

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