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The equity structure of Japanese flash memory maker Kioxia Holdings has undergone a significant shift, with its largest shareholder now being BCPE Pangea Cayman2, a vehicle set up by private equity firm Bain Capital. As of August 3, this entity held 14.19% of Kioxia’s shares, surpassing Toshiba, the

Kioxia's announcement that an investment vehicle is SK Hynix's top shareholder has generated significant attention in the semiconductor industry. As a leading flash memory manufacturer, SK Hynix holds a crucial position in the storage market, while Kioxia, another major storage chip producer, demons