Kioxia

Sources: Bain Capital stands to make $15B+ in profits on its 2018 Kioxia buyout, a ~20x return, as Kioxia's stock has surged 5,000%+ since its December 2024 IPO

Bain Capital stands to pocket profits of $15bn on 2018 buyout of Kioxia, the former Toshiba Memory

Sandisk and Kioxia announce a five-year extension of their JV manufacturing contract from 2029 to 2034; the new deal involves SanDisk paying Kioxia $1.165B

Sandisk and Kioxia announce a five-year extension of their JV manufacturing contract from 2029 to 2034; the new deal involves SanDisk paying Kioxia $1.165B

US partner's access to Yokkaichi plant to last 5 more years through 2034  —  Kioxia and Sandisk extended their joint production agreement …

Japanese memory chipmaker Kioxia's stock falls 14%+ after a Bain Capital-backed entity sold $2.1B worth of shares at a discount, stoking AI valuation concerns

Bloomberg :

Japanese chipmaker Kioxia applies for a Tokyo Stock Exchange listing; source: Kioxia plans to list as soon as October 2024 and raise $500M+ at a $10B+ valuation

Leo Lewis / Financial Times :

Kioxia investor SK Hynix isn't agreeing to the Kioxia-Western Digital merger “at this time” due to “the overall impact on the value of the company's investment”

- Its opposition introduces more uncertainty to a landmark deal  — Western Digital and Kioxia have talked for years about a combo

Western Digital raised $900M from Apollo Global and Elliott, which sources say is a precursor to merging with Japan's Kioxia, as the memory chip sector shrinks

Western Digital Corp. is receiving a $900 million investment led by Apollo Global Management Inc., getting financial firepower …

Sources: Western Digital is in advanced talks to merge with Kioxia, the chipmaker spun out of Toshiba in 2018, in a deal that could be valued at more than $20B