--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 kosaku.narioka@wsj.com
(END) Dow Jones Newswires
10-20-21 2023ET