Exclusive-Bain-Backed Chipmaker Kioxia Scraps October IPO Plan, Sources Say
- Posted on September 24, 2024
- By Google News
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Exclusive-Bain-Backed Chipmaker Kioxia Scraps October IPO Plan, Sources Say
By Miho Uranaka and Sam Nussey TOKYO (Reuters) -Bain-backed memory chipmaker Kioxia has scrapped its plan for an initial public offering (IPO) in October, three sources familiar with the matter said. Bain had been targeting a market value of 1.5 trillion yen ($10.39 billion) for Kioxia but the recent ...