Kioxia Largest Shareholder Changes, SK Hynix Becomes "De Facto Largest Shareholder" Via Bain SPC
Source：
www.mk.co.kr
According to South Korean media MK, Japanese Kioxia disclosed on the 11th that former largest shareholder Toshiba has reduced its shareholding ratio from 14.48% to 14.12%, while special purpose company BCPE Pangaea Cayman2, established by Bain Capital, rose to become the largest shareholder with a 14.19% stake. This special purpose company is the platform for SK Hynix's investment in the form of convertible bonds.
