➀ Kioxia is set to receive approval for its listing on the Tokyo Stock Exchange at a valuation of $4.84 billion. The company's valuation has dropped sharply from its previous cancelled IPO in October, where it was seeking a valuation of $10.3 billion.➁ Kioxia has faced various offers and acquisitions over the years, including a $30 billion offer from Foxconn in 2017, a $18 billion acquisition by a Bain-led consortium in 2018, and a $20 billion offer from Western Digital in 2022.➂ The Bain consortium owns 56% of Kioxia, Toshiba owns 41%, and the Japanese government bail-out funds INCJ and DBJ control 16.7% of the voting rights.
Related Articles
- Kioxia IPOs at $5.8bn valuation9 months ago
- Kioxia adopts new process for 2025 IPO10 months ago
- U.S. tariffs to heavily impact HDD and SSD manufacturers, increasing costs5 months ago
- A Nearly 100 Billion Yuan Investment Loss: The Most Disastrous Listing of the Year9 months ago
- Kioxia sets $4.9bn valuation for IPO9 months ago
- Kioxia’s route from $30bn to $5bn11 months ago
- 650V industrial SiC mosfets in 8 x 8mm package4 months ago
- Toshiba says Europe doesn't need 24TB HDDs, witholds beefy models from region4 months ago
- 16亿现金入股占比0.99%!长江存储估值确认?4 months ago
- Chips Billionaire Yu Renrong's New Move: New Heng Hui Listed on A-share Market5 months ago