U.S. buyout firm Bain Capital is likely to push back the IPO of Toshiba Memory by around two months, a person with knowledge of the matter said on Wednesday, moving to November what is likely to be one of Japan’s biggest listings this year.
Depending on market conditions, the timing could be further pushed as far back as summer 2020, the person said on condition of anonymity, without elaborating on reasons for the initial two-month change.