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4-Traders Homepage  >  Equities  >  KOREA EXCHANGE  >  SK Hynix Inc    000660   KR7000660001

SK HYNIX INC (000660)
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SK Hynix : says will bid for Toshiba's memory chip business as part of a consortium

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05/19/2017 | 11:53am CEST

SEOUL (Reuters) - South Korea's SK Hynix Inc (>> SK Hynix Inc) said on Friday it will submit a final bid for Toshiba Corp's (>> Toshiba Corp) memory chip business as part of a consortium.

SEOUL (Reuters) - South Korea's SK Hynix Inc (>> SK Hynix Inc) said on Friday it will submit a final bid for Toshiba Corp's (>> Toshiba Corp) memory chip business as part of a consortium.

The company did not say what other companies were in the consortium.

People familiar with the matter told Reuters earlier on Friday SK Hynix will be part of a consortium led by U.S. buyout firm Bain Capital LP, which seeks to buy a majority stake in the Toshiba chip business, offering around 1.5 trillion yen ($13.49 billion).

(Reporting by Se Young Lee; Editing by Randy Fabi)

Stocks treated in this article : Toshiba Corp, SK Hynix Inc
Stocks mentioned in the article
ChangeLast1st jan.
TOSHIBA CORP -0.30% 335 End-of-day quote.3.40%
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Financials ( KRW)
Sales 2018 40 145 B
EBIT 2018 20 252 B
Net income 2018 15 050 B
Finance 2018 8 495 B
Yield 2018 1,59%
P/E ratio 2018 4,24
P/E ratio 2019 4,50
EV / Sales 2018 1,39x
EV / Sales 2019 1,17x
Capitalization 64 428 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 37
Average target price 113 781  KRW
Spread / Average Target 29%
EPS Revisions
Managers
NameTitle
Sung-Wook Park Vice Chairman & Chief Executive Officer
Joon-Ho Kim Co-President, Director & Head-Management Support
Seok-Hee Lee Co-President, Director & Head-Business Support
Tae-Won Chey Chairman-Executive Board
Myung-Young Lee Senior Managing Director & Head-Finance
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