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Micron, Western Digital each exploring possible deal for Japanese chip maker Kioxia: WSJ


By Reuters Staff
2 Min Read
FILE PHOTO: Micron Technology s solid-state drive for data center customers is presented at a product launch event in San Francisco, U.S., October 24, 2019. REUTERS/Stephen Nellis
(Reuters) - Micron Technology Inc and Western Digital Corp are individually exploring a potential deal for Kioxia Holdings Corp that could value the Japanese semiconductor firm at around $30 billion, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
A deal for Kioxia, which is controlled by private-equity firm Bain Capital, isn t guaranteed, and it isn t clear how it might be structured, the report said, adding that should a deal come together, it could be finalized later this spring. (on.wsj.com/3rCJjvd) ....

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