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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 0.68% 298 End-of-day quote.-8.02%
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Financials ( KRW)
Sales 2018 38 745 B
EBIT 2018 19 076 B
Net income 2018 14 622 B
Finance 2018 9 270 B
Yield 2018 1,71%
P/E ratio 2018 4,05
P/E ratio 2019 4,60
EV / Sales 2018 1,30x
EV / Sales 2019 1,12x
Capitalization 59 769 B
Chart SK HYNIX INC
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SK Hynix Inc Technical Analysis Chart | 000660 | KR7000660001 | 4-Traders
Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 38
Average target price 112 032  KRW
Spread / Average Target 36%
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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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