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.
