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SK Hynix Says It Won t Agree to Western Digital-Kioxia Merger

(Bloomberg) SK Hynix Inc. declared its opposition to a merger of Kioxia Holdings Corp. and Western Digital Corp., introducing more uncertainty to a landmark US-Japanese deal years in the making.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineApple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesTrump Ally Mike Johnson Elected House Speaker, Shifting GOP Further RightIsrael Is Losing Support as Fury Grows Over Its Strikes on GazaPost

SK Hynix Says Won t Agree to Western Digital-Kioxia Merger

(Bloomberg) SK Hynix Inc. declared its opposition to a merger of Kioxia Holdings Corp. and Western Digital Corp., introducing more uncertainty to a landmark US-Japanese deal years in the making.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineApple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesIsrael Is Losing Support as Fury Grows Over Its Strikes on GazaTrump Ally Mike Johnson Elected House Speaker, Shifting GOP Further RightPost

Toshiba Set to Surge After CVC Capital Makes Buyout Offer

(Bloomberg) Try refreshing your browser, or Toshiba Surges 18% Limit After CVC Capital Makes Buyout Offer Back to video Toshiba Corp. surged its daily limit of 18% after confirming it received an initial buyout offer from CVC Capital Partners, setting the stage for potentially the largest private equity-led acquisition in years. The Japanese conglomerate said it’s seeking more information while it weighs the proposal. Its board plans to meet Wednesday to discuss the potential deal, a person familiar with the matter said. Shares of Toshiba surged their most since 2017 to a four-year high in Tokyo, taking its 2021 gain to 57% and market value to roughly $19 billion.

Toshiba Set to Surge After CVC Capital Makes Buyout Offer

Toshiba Set to Surge After CVC Capital Makes Buyout Offer
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