By Miho Uranaka and Sam Nussey
TOKYO (Reuters) – Bain Capital-backed chipmaker Kioxia has set a tentative worth vary of 1,390 to 1,520 yen ($9.22 to $10.09) per share for its preliminary public providing, two folks conversant in the matter mentioned.
They spoke on situation of anonymity forward of Kioxia’s regulatory submitting anticipated on Monday.
The value vary compares with an indicative worth of 1,390 yen set in November and provides the Japanese maker of flash reminiscence chips a market worth of round 749 billion yen to 819 billion yen.
Kioxia is because of debut on the Tokyo Inventory Change on Dec. 18.
($1 = 150.6800 yen)
