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Kioxia Is Said to Approach JIC to Back Western Digital Merger

(Bloomberg) Kioxia Holdings Corp. has approached Japan Investment Corp. about making a capital infusion to support its merger with Western Digital Corp. and strengthen the combined company’s financial base, according to people familiar with the matter.Most Read from BloombergHere’s What 8% Mortgage Rates Will Do to the Housing MarketWhere Does Israel Get Its 220,000 Barrels of Oil Every Day?Ringgit Falls to 25-Year Low, the Worst Performer in Asia After Yen This YearBiden’s Influence Turns Is ....

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