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Japanese Chip Maker Kioxia Plans Tokyo Market Debut
Bain-Backed Kioxia Plans Tokyo IPO at $4.8 Billion Valuation
Kioxia Holdings Corp. plans to debut on the Tokyo Stock Exchange in mid-December at a value of about ¥750 billion ($4.8 billion), fast-tracking the move to stay relevant in the competitive memory sector.
Japanese Chip Maker Kioxia Plans Tokyo Market Debut
Kioxia Holdings plans to raise more than $740 million in its initial public offering and list in Tokyo on Dec. 18, seeking growth capital to meet rising demand for chips used in artificial intelligence and data centers.
Japanese Chipmaker Kioxia Plans Tokyo Market Debut
Kioxia Holdings plans to list its shares in Tokyo on Dec. 18, the company said in a filing on Friday. The Japanese chipmaker expects to sell each share for 1,390 yen, equivalent to $8.99, in its initial public offering,
Bain-Backed Kioxia Sets IPO Price for December Tokyo Debut
Bain Capital-backed Kioxia Holdings Corp. is setting its indicative IPO price at ¥1,390 per share, the latest attempt to capitalize on Japan’s stock market renewal.
Bain-backed Kioxia to raise $646 million in IPO
Bain Capital-backed Kioxia is to raise 100 billion yen ($645.45 million) excluding overallotment in its initial public offering. A Bain-led consortium acquired the chipmaker from scandal-hit conglomerate Toshiba for 2 trillion yen in 2018.
1d
Tokyo inflation likely exceeded BOJ's 2% target again in November: Reuters poll
Consumer inflation in Tokyo for November likely surpassed the Bank of Japan's 2% price target following a reduction in fuel subsidies and with an increase in food costs, a Reuters poll showed on ...
Honolulu Star-Advertiser
2d
Tokyo students charged, fined in boulder incident
KOCHI, Japan >> A male university student was charged in October for altering a massive boulder — known for its instability ...
8d
on MSN
American tourist arrested for allegedly defacing gate at Tokyo shrine
A 65-year-old American tourist has been arrested in Japan for allegedly carving letters into a torii gate at a Tokyo shrine.
4d
Activist investor Elliott takes stake in Tokyo Gas, filing shows
U.S. hedge fund Elliott Management Corp has taken a stake of 5.03% in Tokyo Gas , a regulatory filing showed on Tuesday.
Stars and Stripes
1d
Guests drink and chat in the cocktail lounge of the Sanno Hotel in Tokyo, 1964
Tokyo, Japan, July 24, 1964: Young guests and visitors drink and chat in the cocktail lounge of the Sanno Hotel in Tokyo, ...
4d
Tokyo Gas Shares Jump Most Since 1987 After Elliott Report
Tokyo Gas Co.’s stock rose 15% at one point in early trading Wednesday, its biggest climb since 1987, after Elliott ...
4d
In Tokyo, Atlantis Vintage Is a Destination For Rare Bags—and Quirky Personal Style
In Japan, reusing, remaking, and recycling have always been part of the culture,” says Yuji Jitsutani, one of the store’s ...
8d
on MSN
American Tourist Arrested After Allegedly Defacing Gate at Tokyo Shrine
Steven Lee Hayes, 65, is accused of carving his family's name into the gate of a famed Tokyo shrine, say police.
gulftoday
1d
Tokyo police care for lost umbrellas, keys and flying squirrels
Lost your umbrella, keys, or perhaps a flying squirrel? In
Tokyo
, the police are almost certainly taking meticulous care of ...
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