Bain Capital-backed Kioxia's market value seen at $4.9b in Tokyo IPO

Bain Capital-backed Kioxia's market value seen at $4.9b in Tokyo IPO

FILE PHOTO: Kioxia's logo is pictured on a building in Kitakami, Japan, Nov. 05, 2024. REUTERS/Sam Nussey/File Photo

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.