Toshiba to pick government-led Japan-U.S.-Korea group to buy chips unit-source
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Mizuho Securities Reiterates Buy Rating & $105 PT on Western Digital (WDC) Following Announcement that Toshiba Selects Hynix & Bain Consortium; Comments on WDC, MU, AVGO Impact
June 21, 2017 7:43 AM EDTMizuho Securities reiterates Buy rating and $105 price target on Western Digital Corp. (NASDAQ: WDC), as Toshiba announced it was agreeing to sell it Semiconductor division to a consortium led by SK Hynix, Bain and funds from the Japanese government funds INCJ and Bank... More
Western Digital (WDC) Releases Comments on Toshiba's Announcement Regarding Flash JV Interests
June 21, 2017 5:51 AM EDTWestern Digital Corp. (NASDAQ: WDC) today issued the following statement regarding Toshiba Corporations selection of a consortium led by Korea-based SK Hynix Inc. and Bain Capital Japan, with funding provided by Japanese government funds Innovation Network Corporation of Japan and Development Bank of Japan Inc., as the preferred bidder regarding the sale of Toshibas interests in three NAND flash-memory joint ventures operated with Western Digitals SanDisk subsidiaries (Flash... More
