Close Menu

    Subscribe to Updates

    Get the latest headlines from PapaLinc about news & entertainment.

    What's Hot

    Four Ghanaian stars whose careers were stolen by injuries

    ‘They hated the light while it shone’

    Economist applauds bold move to de-dollarise Ghana’s economy

    Facebook X (Twitter) Instagram
    • Lifestyle
    • Africa News
    • International
    Facebook X (Twitter) Instagram YouTube WhatsApp
    PapaLincPapaLinc
    • News
      • Africa News
      • International
    • Entertainment
      • Lifestyle
      • Movies
      • Music
    • Politics
    • Sports
    Subscribe
    PapaLincPapaLinc
    You are at:Home»Politics»Kioxia’s market value set at $4.9 billion in IPO
    Politics

    Kioxia’s market value set at $4.9 billion in IPO

    Papa LincBy Papa LincNovember 22, 2024No Comments1 Min Read0 Views
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    Kioxia’s market value set at .9 billion in IPO
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email


    Kioxia’s market value set at .9 billion in IPO
    Kioxia’s logo is pictured on a building in Kitakami, Japan, Nov. 05, 2024. REUTERS/Sam Nussey/File Photo Purchase Licensing Rights

    Bain Capital-backed Kioxia’s market value is seen around 750 billion yen ($4.85 billion) in its initial public offering, a regulatory filing showed on Friday.

    The IPO will have a deal value of about 100 billion yen ($645.45 million) excluding overallotment.

    Bain and Toshiba will sell shares in the IPO. Separately, Kioxia will issue new shares, raising 27.7 billion yen.

    Kioxia set an indicative price of 1,390 yen for both the secondary offering and new shares, the filing showed.

    A Bain-led consortium acquired the chipmaker from scandal-hit conglomerate Toshiba for 2 trillion yen in 2018.

    Bain scrapped plans for an IPO of Kioxia in October after investors pushed the buyout firm to almost halve the 1.5 trillion yen valuation it was seeking, Reuters has reported.

    The buyout firm also postponed a plan for a Kioxia IPO four years ago.

    Kioxia is due to list on the Tokyo Stock Exchange on Dec. 18.

    ($1 = 154.7300 yen)

    Source: www.reuters.com



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
    Previous ArticleBlack Queens seeded in pot 2
    Next Article Captain Tom’s daughter is STILL using covid hero’s name to sell £3,500 life-coaching sessions after Charity Commission blasted couple for misleading public over £1.5m
    Papa Linc

    Related Posts

    Breaking News: Daddy Lumba is dead – Family announces

    July 26, 2025

    A unique Lutheran and Catholic cooperation

    July 26, 2025

    GTEC demands proof of PhD from Hassan Ayariga over alleged misuse of ‘Doctor’ title

    July 25, 2025
    Ads
    Top Posts

    Here’s why Ghana Airways collapsed in 2004

    November 5, 202449 Views

    A Plus questions the hypocrisy of NPP members who remained silent about corruption for 8 years, only to speak out after losing power.

    December 26, 202447 Views

    Urgent search continues for Paul Barning after he was attacked by shark during fishing competition

    February 23, 202539 Views

    Kenyan Senator breaks silence on her alleged intimate affairs, secret child with John Agyekum Kufuor

    December 21, 202434 Views
    Don't Miss
    Sports July 27, 2025

    Four Ghanaian stars whose careers were stolen by injuries

    In football, the line between greatness and heartbreak is razor thin. For some, a single…

    ‘They hated the light while it shone’

    Economist applauds bold move to de-dollarise Ghana’s economy

    Three people missing after private plane crashes in California

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • WhatsApp

    Subscribe to Updates

    Get the latest headlines from PapaLinc about news & entertainment.

    Ads
    About Us
    About Us

    Your authentic source for news and entertainment.
    We're accepting new partnerships right now.

    Email Us: info@papalinc.com
    For Ads on our website and social handles.
    Email Us: ads@papalinc.com
    Contact: +1-718-924-6727

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    Four Ghanaian stars whose careers were stolen by injuries

    ‘They hated the light while it shone’

    Economist applauds bold move to de-dollarise Ghana’s economy

    Most Popular

    April 3, 2023 – Russia-Ukraine information

    October 17, 20240 Views

    ‘I’ve by no means seen something like this:’ Certainly one of China’s hottest apps has the flexibility to spy on its customers, say specialists

    October 17, 20240 Views

    Man in NPP’s ‘4 extra to do extra’ T-shirt arrested for stealing rice

    October 17, 20240 Views
    © 2025 PapaLinc. Designed by LiveTechOn LLC.
    • News
      • Africa News
      • International
    • Entertainment
      • Lifestyle
      • Movies
      • Music
    • Politics
    • Sports

    Type above and press Enter to search. Press Esc to cancel.

    Ad Blocker Enabled!
    Ad Blocker Enabled!
    Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.