Kioxia plans to raise more than $740 million in its initial public offering, seeking growth capital to meet rising demand for ...
Private equity firm Bain Capital-backed Kioxia is being valued at about 750B yen (around $4.85B) in its proposed Japanese IPO ...
A Bain-led consortium acquired the chipmaker from scandal-hit conglomerate Toshiba for 2 trillion yen in 2018.
A significant factor is the anticipated IPO of Kioxia, which is seen as a positive indicator for Western Digital. Kioxia’s market valuation provides a supportive backdrop for Western Digital’s stock, ...