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Chip Memory Firm Kioxia’s Banks Prep $14 Billion Loan for Western Digital MergerKioxia Holdings Corp.’s lenders plan to submit a commitment letter in October for the refinancing of ¥2 trillion ($14 billion) in loans to help fund the merger with Western Digital Corp.’s flash memory business that’s still under discussion, according to people familiar with the matter.
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Japanese banks to lend up to $13 billion for Kioxia, Western Digital merger-BloombergTOKYO (Reuters) - Sumitomo Mitsui Banking Corp and three other Japanese banks have started looking into extending up to 2 trillion yen ($13.5 billion) ...
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HDFC Bank flags hit to asset quality, margins post merger; shares slide 4%Market News
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Proxy advisor ISS opposes Stratasys, Desktop Metal merger in 3D printingInfluential proxy advisory firm Institutional Shareholder Services recommended 3D printer manufacturer Stratasys shareholders reject plans to buy Desktop Metal, saying another offer 'presents a more convincing route to value creation,' in a note seen by Reuters on Wednesday. ISS's recommendation, which tends to carry significant weight with shareholders, comes only days before the Sept. 28 vote and marks the latest twist in a years-long drama over how the 3D printing industry may be consolidated. 'It is not clear that it (the all-stock offer Stratasys made for Desktop Metal) creates value for 3D printer manufacturer Stratasys shareholders,' ISS wrote in its note to clients with a headline 'vote against acquisition at SSYS meeting.'
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Proxy advisor ISS opposes Stratasys, Desktop Metal merger in 3D printingBy Svea Herbst-Bayliss NEW YORK (Reuters) - Influential proxy advisory firm Institutional Shareholder Services recommended 3D printer manufacturer ...
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