Hynix joins bid for Toshiba's memory chip unit as PE firms circle
South Korean memory chip manufacturer SK Hynix has joined a group that is bidding for Toshiba’s Nand flash memory business amid reports that Bain Capital has submitted an offer of $10 billion for the asset.
Hynix said in a filing that it was participating in a consortium, without naming the other members. A host of strategic and private equity players have been linked with Nand, including Broadcom, Foxconn...
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