25 October 2023

Kokusai Electric jumps as much as 32% in its Tokyo IPO, valuing the chip equipment maker at $3.6B, after raising ~$721M; KKR reduced its stake from 73% to 48% (Financial Times)

Financial Times:
Kokusai Electric jumps as much as 32% in its Tokyo IPO, valuing the chip equipment maker at $3.6B, after raising ~$721M; KKR reduced its stake from 73% to 48%  —  Chip equipment maker's debut comes as country rides a wave of interest from foreign investors  —  Shares in Kokusai Electric jumped …

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