Business & Finance
Kioxia Says Investment Vehicle for SK Hynix Is Top Shareholder
Key Points
Kioxia Says Investment Vehicle for SK Hynix Is Top Shareholder Kioxia Holdings Corp.’s biggest shareholder is an investment vehicle that holds shares claimed by rival SK Hynix Inc. The flash memory maker’s former parent, Toshiba Corp., has trimmed its stake in Kioxia to around 14.12%, down from 14.48%, as of Aug. 3, Kioxia said in a statement Tuesday. That makes BCPE Pangea Cayman2, a company set up by Bain Capital, the Japanese chipmaker’s top shareholder with a 14.19% stake, it said.
Kioxia Says Investment Vehicle for SK Hynix Is Top Shareholder
Kioxia Holdings Corp.’s biggest shareholder is an investment vehicle that holds shares claimed by rival SK Hynix Inc.
The flash memory maker’s former parent, Toshiba Corp., has trimmed its stake in Kioxia to around 14.12%, down from 14.48%, as of Aug. 3, Kioxia said in a statement Tuesday. That makes BCPE Pangea Cayman2, a company set up by Bain Capital, the Japanese chipmaker’s top shareholder with a 14.19% stake, it said.