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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 ....

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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 ....

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Toshiba Set to Surge After CVC Capital Makes Buyout Offer


(Bloomberg)
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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. ....

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