Shares of Kioxia rose 6%+ on its first day of trading in Tokyo, giving the chipmaker a ~$5.2B market cap; a group led by Bain had paid $18B for Kioxia in 2018 (Financial Times)

Financial Times:
Shares of Kioxia rose 6%+ on its first day of trading in Tokyo, giving the chipmaker a ~$5.2B market cap; a group led by Bain had paid $18B for Kioxia in 2018  —  Private equity group finally floats Japanese flash memory provider at a valuation far below what it paid in 2018

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