Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.
SK Hynix Expects Gains from Its Equity Investment in Kioxia to Exceed $750 Billion
Svmuu News: Citrini analyst jukan posted on X that SK Hynix is expected to have realized a profit of 40 trillion won—approximately $264.6 billion—from the sale of its stake in Kioxia through Bain Capital; SK hynix still holds a 14% to 15% stake in Kioxia in the form of convertible bonds. Based on Kioxia’s current market capitalization, the remaining stake is valued at approximately 7.9 trillion yen, or about $492 billion. BCPE Pangea Cayman 1A sold a total of 33.49 million shares through over-the-counter transactions, including 11.70 million shares on April 16, representing 2.14% of the total; 3.27 million shares on June 4, representing 0.60%; and 18.52 million shares on June 11, representing 3.39%. The transaction on June 11 was settled via physical delivery on June 15, reducing the entity’s stake from 3.99% to 0%. Currently, only BCPE Pangea Cayman2, Ltd. holds Kioxia common stock, with a holding of 77.4 million shares, which is considered to represent SK hynix’s position. Bain Capital’s investment is regarded as one of the most profitable deals in private equity history. Kioxia’s stock price has risen more than 5,000% since its initial public offering, with a year-to-date gain of 700%.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice. If you find any violations, please Click to Report
24H Trending
-
Binance Seven U-denominated perpetual contracts, including LRCX and KLAC, will be launched
-
Gate's Stock Contracts Section Launches Trading for 8 Perpetual Contracts, Including ADSK (Autodesk) and BKNG (Booking.com Holdings)
-
Learn More About the ALTHEA Token (ALTH) and Its Decentralized Network
-
The OKX DEX xStocks Trading Competition is currently underway, with a total prize pool of 300,000 USDC
-
Morgan Stanley Updates Ethereum and Solana ETF Filings, Proposing a 0.14% Fee
-
Record-High AI-Driven Leveraged Bets in Asia: SK Hynix’s 2x Long ETF in South Korea Reaches $13 Billion in Assets Under Management
-
A "smart money" investor bet $320,000 on Argentina to beat Austria in the World Cup group stage
-
Market News: U.S. Vice President Vance is set to deliver a speech in Switzerland following his first round of talks with Iran
-
Mainland China’s Dogecoin Trading Platform: Current Status—Regulatory Policies and Global Mainstream Options
-
Iranian media report that Iran-U.S. negotiations have resulted in five key points
Recommended Reading





