Kioxia has reached out to JIC to invest in merger with Western Digital - Bloomberg News

Reuters

Published Oct 20, 2023 02:59AM ET

TOKYO (Reuters) - Kioxia Holdings has reached out to state-backed Japan Industrial Partners (JIC) to invest in a planned merger of its flash memory business with that of Western Digital (NASDAQ:WDC), Bloomberg News reported on Friday, citing people familiar with the matter.