Bain-Backed Kioxia Sets IPO Price for Dec. Tokyo Debut

Wells Fargo thinks news that Kioxia has achieved listing approval for a planned IPO at a $4.84B valuation range “could be considered a derivative positive” for Western Digital (WDC). The firm, ...
The long-delayed IPO of the NAND flash memory maker comes as the technological gap between it and sector leader Samsung Electronics Co. widens. A successful debut would give Kioxia, the world’s ...