Kioxia to File Registration Statement for IPO

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Kioxia to file registration statement for December IPO, sources say

Bain Capital-backed Kioxia plans to file a registration statement as soon as Friday which will allow the Japanese chipmaker to sound out investors for an IPO in December, 2 people familiar with the matter said.

Bain scrapped plans for an IPO in October after investors pushed the U.S. buyout firm to almost halve the 1.5 trillion yen ($9.79 billion) valuation it was seeking, Reuters reported.