Woofun AI reports that SK Hynix’s remaining equity interest in Kioxia is valued at approximately $49.2 billion, equivalent to 7.9 trillion Japanese yen, based on current market capitalization. This valuation stems from a 14% to 15% stake held in the form of convertible bonds, following the complete divestment of common stock by Bain Capital affiliates. The private equity firm realized a gain of 40 trillion Korean won, or roughly $26.46 billion, through these transactions, cementing the deal as one of the most profitable in private equity history.

Monitored by Woofun AI, the exit was executed through a series of over-the-counter transactions by BCPE Pangea Cayman 1A. The entity sold a cumulative total of 33.49 million shares, including 11.7 million shares on April 16, 3.27 million shares on June 4, and 18.52 million shares on June 11. The final transaction settled via physical delivery on June 15, reducing the affiliate’s stake from 3.99% to 0%. Currently, only BCPE Pangea Cayman 2, Ltd. holds Kioxia common stock, with 77.4 million shares attributed to SK Hynix.

Concurrently, Kioxia’s stock price has surged over 5,000% since its listing, recording a year-to-date increase of 700%.