Western Digital in talks to merge with Bain Capital-backed Kioxia: WSJ

Western Digital Corp. is in advanced talks to merge with Kioxia Holdings Corp, which is backed by Bain Capital, reported the Wall Street Journal.

Western Digital Corp. is in advanced talks to merge with Kioxia Holdings Corp, which is backed by Bain Capital, reported the Wall Street Journal. The news outlet noted that the deal could be valued at more than $20 billion. Kioxia is a Japanese flash memory chipmaker.

Source: WSJ