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Toshiba's $9bn payout on Kioxia at risk from volatility outbreak

Eyes on whether Bain and other holders call for delaying IPO

Kioxia, the world's second-largest maker for NAND flash memory, turned in a $1.6 billion loss in the previous fiscal year.

TOKYO -- Clouds are gathering over flash memory maker Kioxia Holdings' plans for what is expected to be Japan's largest initial public offering this year as the coronavirus pandemic roils stock markets around the world.

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