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Published 14:41 IST, September 24th 2024
Bain-backed chipmaker Kioxia scraps October IPO plan: Report
Bain had been targeting a market value of 1.5 trillion yen for Kioxia but recent sell-off in shares of its listed peers has made that pricing challenging.
Kioxia, which has been hammered by a slump in the memory chip market, has reported improving results as average selling prices increase. | Image:
Pixabay
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14:41 IST, September 24th 2024