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SK Hynix Wins U.S. Approval for $9 Billion Intel Unit Purchase
Bloomberg
3/12/2021
Sohee Kim
© Photographer: SeongJoon Cho/Bloomberg
The SK Hynix Inc. logo is displayed atop the company s semiconductor plant in this aerial photograph taken above Icheon, South Korea.
(Bloomberg) U.S. regulators cleared SK Hynix Inc.’s $9 billion acquisition of Intel Corp.’s Nand storage unit, one step toward completing a deal that would strengthen the Asian chipmaker’s position in the memory market.
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The Committee on Foreign Investment in the United States, better known as CFIUS, signed off on the deal, the company said in a statement Friday, following approval from the Federal Trade Commission. Icheon, South Korea-based Hynix, which announced the deal in October, is trying to win approval from the remaining countries this year. ....

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