Exclusive-Bain-backed chipmaker Kioxia scraps October IPO plan, sources say

By Miho Uranaka and Sam Nussey

TOKYO (Reuters) – Bain-backed memory chipmaker Kioxia has scrapped its plan for an initial public offering (IPO) in October, three sources familiar with the matter said.

Bain declined to comment. Kioxia did not immediately respond to a request for comment.

(Reporting by Miho Uranaka and Sam Nussey; Editing by Chang-Ran Kim)