Kioxia Holdings, the memory chipmaker spun out of Toshiba in 2018, wants to raise $3.3B in Japan's biggest IPO of 2020 that could value the company at $19.79B (Bloomberg)

Bloomberg:
Kioxia Holdings, the memory chipmaker spun out of Toshiba in 2018, wants to raise $3.3B in Japan's biggest IPO of 2020 that could value the company at $19.79B  —  - Bain-backed Kioxia to debut at a $20 billion valuation  — Toshiba, Bain and Hoya will sell some shares in its IPO

via Techmeme