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.
Business deals
Micron and Western Digital explore possible deal for Kioxia: WSJ
Japanese semiconductor firm could be valued at around $30 billion, report says
Kioxia Holdings Corp, the world's second-largest maker of flash memory chips, had last year shelved plans for what would have been Japan's largest initial public offering in 2020.
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