Business & FinanceDeals
15 May 2023, 7:34 pm 1 minute
Reuters exclusively reported that Western Digital and Japan’s Kioxia Holdings are speeding up their merger talks and now nailing down a deal structure as a slumping flash memory market has put fresh consolidation pressure on the world’s no.2 and no.4 chipmakers. Under the plan now being worked out, the merged entity would be 43% owned by Kioxia, 37% by Western digital and the rest by existing shareholders of the companies, Reuters reported. Shares of Western Digital rose more than 11% following the Reuters report.
Market Impact
Shares of Western Digital rose more than 11% following the Reuters report.
Article Tags
Topics of Interest: Business & FinanceDeals
Type: Reuters Best
Sectors: Business & Finance
Regions: Asia
Countries: Japan
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
5 comments
Helpful info. Fortunate me I found your web site by chance, and I’m stunned why this
twist of fate didn’t came about in advance! I bookmarked it.
Tremendous issues here. I am very happy to peer your post.
Thank you a lot and I am looking forward to touch you.
Will you kindly drop me a e-mail?
This site was… how do I say it? Relevant!! Finally
I’ve found something which helped me. Kudos!
My partner and I stumbled over here by a different
page and thought I may as well check things out.
I like what I see so now i’m following you. Look forward to looking at your web
page repeatedly.
Hi there! I just want to offer you a huge thumbs up for the excellent information you have got right here on this post.
I am coming back to your website for more soon.