Bain Capital confirms SK Hynix retains a 14% Kioxia stake through a special-purpose vehicle as Bain completes its exit with an estimated $15 billion profit.

Bain Capital exits Kioxia with projected profits over $15 billion, closing one of private equity's most lucrative semiconductor investments since 2018.

Kioxia, which was spun off from Toshiba in 2017, has become Japan's most valuable company by market cap.