Reported about 5 hours ago
Kioxia, backed by Bain Capital, is projected to have a market value of approximately 750 billion yen ($4.84 billion) ahead of its upcoming IPO, set to receive approval from the Tokyo Stock Exchange. This marks a significant shift, as Kioxia, formerly Toshiba Memory, adapts to new listing regulations in Japan while aiming for a fundraising boost in a capital-intensive industry.
Source: YAHOO