Kioxia And Western Digital Fast-Track Merger Discussions, Nearing A Deal
Benzinga
MAY 15, 2023
Kioxia Holdings Corp and Western Digital Corp (NASDAQ: WDC ) accelerated merger talks have progressed towards a deal as plunging market demand and oversupply of chips weighed on the companies. Kioxia would have a 43% stake and Western Digital a 37% ownership under the deal, Reuters cites familiar sources.
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