Kioxia, formerly known as Toshiba Memory, was bought for 2 trillion yen in 2018 by a Bain-led consortium from Toshiba after a long and contentious battle. Toshiba put the business up for sale after plunging into crisis due to cost overruns at its nuclear business. Kioxia's debut comes in a strong year for IPOs in Japan that saw big-ticket IPOs from Tokyo Metro and Carlyle Group backed testing tool maker Rigaku. Read The Rest at :
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