A significant factor is the anticipated IPO of Kioxia, which is seen as a positive indicator for Western Digital. Kioxia’s market valuation provides a supportive backdrop for Western Digital’s ...

Western Digital is a leading vertically integrated supplier of data storage solutions, spanning both hard disk drives and ...

noting that news that Kioxia has achieved listing approval for a planned IPO at a $4.84 billion valuation range could be considered a derivative positive for Western Digital. Overall, WDC ranks ...

Western Digital is a leading vertically integrated supplier of data storage solutions, spanning both hard disk drives and ...

A significant aspect is the trading commencement of Kioxia on the Tokyo Stock Exchange, which offers a valuation benchmark for Western Digital’s upcoming Sandisk spin-off. The current trading ...

An effort to merge Kioxia with partner Western Digital, which had initially objected to the sale to the consortium, stalled due to reservations from the Japanese company's investor SK Hynix.

But analysts are questioning whether Kioxia's investors will accept the price and terms of the reported $20 billion all-stock offer from Western Digital, which would provide no cash to the ...

Kioxia had attempted to go public several times in 2020 and 2021, but failed, with the economy hit by the COVID-19 pandemic. The company then sought a merger with Western Digital Technologies ...

Kioxia’s shares are trading at 1,627 yen, compared with its IPO price of 1,455 yen. The world’s No 3 NAND maker is listing after years of complex and wide-ranging negotiations that involved Bain ...