Kioxia Holdings Delaying IPO to January, Nikkan Kogyo Reports

--Kioxia Holdings Corp. is delaying its initial public offering to January at the earliest, from a previous plan of an IPO in 2021, Japanese business daily Nikkan Kogyo reported Thursday without citing sources.

--The delay is likely due to Toshiba Corp., a major Kioxia shareholder, being unable to decide whether to sell its stake, the Nikkan Kogyo report said.

Full story: https://www.nikkan.co.jp/articles/view/00615894 (Japanese)

Write to Kosaku Narioka at [e-mail]

(END) Dow Jones Newswires

10-20-21 2023ET