We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Another blow

28 September 2020 By Jennifer Hughes

The Japanese conglomerate and backer Bain were too greedy, putting an electric $20 bln valuation on the chip unit spun out two years ago. Kioxia’s debut was supposed to help put scandal-plagued Toshiba back on track. The flop hands fresh ammunition to its activist shareholders.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)