#bain-capital

#bain-capital

Bob's Discount Furniture, a Connecticut-based furniture retailer backed by Bain Capital, is putting it all on the table. The company is going public, with shares expected to begin trading on Thursday, February 5, after being priced at $17. The retailer raised $331 million in its initial public offering (IPO). Shares will trade on the New York Stock Exchange (NYSE) under the symbol BOBS.

Kioxia took a significant hit on the stock market this week after an investment vehicle affiliated with Bain Capital put a large block of shares on the market. Bloomberg reported on the sale by Bain Capital. The sale, worth more than $2 billion, took place at a substantial discount and put pressure on the share price of the Japanese memory chip manufacturer. Investors reacted nervously to the signal that a major shareholder is willing to reduce part of its position.