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SK Hynix Receives U.S. Approval For $9 Bln Acquisition Of Intel's NAND Memory And Storage Unit


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SANTA CLARA (dpa-AFX) - SK hynix said that it has received clearance from the Committee on Foreign Investment in the United States or CFIUS for its proposed $9 billion acquisition of Intel s (INTC) NAND memory and storage business. It follows approval from the U.S. Federal Trade Commission last year.
In October 2020, SK hynix agreed to acquire Intel s NAND memory and storage business for $9 billion.
The transaction includes the NAND SSD business, the NAND component and wafer business, and the Dalian NAND memory manufacturing facility in China. Intel would retain its distinct Intel Optane business.
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KWG Resources Inc.: KWG: Proposed Debenture Issue Repriced, Notice of Unit Terms


KWG Resources Inc.: KWG: Proposed Debenture Issue Repriced, Notice of Unit Terms
KWG Resources Inc. (CSE: KWG) (CSE: KWG.A) (FSE: KW6)
( KWG or the Company ) announced on January 22
nd its intention to issue a Convertible Debenture to secure up to $1.1 million. The debenture will now be convertible at any time at the option of its holder, in whole or in part, into units at $7.50 each, comprised of one KWG.A multiple voting treasury share and a warrant to acquire at any time within 90 days a further KWG.A multiple voting treasury share for $10.00, or for $12.00 within 180 days, or for $15.00 within 360 days (a Unit ). The debenture will mature in 2 years and will bear interest at 6% payable annually in additional such Units, until maturity or discharge. ....

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Vodafone : MasMovil in talks on possible merger with Vodafone's Spanish unit - report


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MADRID (Reuters) - Spanish telecom operator MasMovil has started talks over a possible merger with the Spanish unit of U.K.-based telecom operator Vodafone, newspaper Expansion reported, citing sources with knowledge of the process.
MasMovil, which was taken over by three buyout funds including KKR last year, has set a first valuation of the Vodafone unit at 7.5 billion euros ($8.96 billion), the newspaper said.
Expansion did not say who would control the merged entity if a merger proceeded.
A MasMovil spokesman said he could not immediately comment, while a spokesman for Vodafone declined to comment.
Back in September, MasMovil and its private equity owners denied a previous press report about merger talks between the two rival telecom operators. ....

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