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Kioxia Holdings Plans IPO in September, Diamond Reports

--Kioxia Holdings Corp. is planning an initial public offering as early as September, Japanese business publication Diamond reported Thursday citing unnamed sources.

--The Tokyo Stock Exchange is expected to approve the listing as early as July, the Diamond report said.

--A Bain Capital-led consortium bought the Japanese semiconductor maker from Toshiba Corp. in 2018. Toshiba retained a stake of about 40%. Kioxia canceled its planned share offerings in September 2020, citing market volatility.

 

Full story: https://diamond.jp/articles/-/274838 (Japanese)

 

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(END) Dow Jones Newswires

June 23, 2021 21:15 ET (01:15 GMT)

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