All posts tagged Hynix
SK Telecom acquires fewer shares than expected in Hynix
Local news media Yonhap News Agency has reported that SK Telecom, South Korea’s largest mobile operator, has acquired a 7.47 percent stake in Hynix Semiconductor for 1.08 trillion won ($949.32 million).
In the after-hours trading session on November 17, SKT bought …
SK Telecom agrees to buy Hynix for $3 billion
Reuters has reported that South Korea's SK Telecom has agreed to buy 21 percent of Hynix Semiconductor for 3.4 trillion won ($3.0 billion). According to the terms of
SK Telecom named preferred bidder in Hynix sale
Reuters has reported that SK Telecom has been named preferred bidder for control of Hynix Semiconductor. The $3 billion deal will be the biggest acquisition ever by SK
SK Telecom makes lone bid for Hynix
According to Bloomberg, SK Telecom, Korea’s biggest mobile-phone company, has offered to buy 20 percent of Hynix Semiconductor. SKT submitted its bid on November 10 before the 5
Hynix shareholders extend bid deadline to Nov. 10
Reuters had reported that the shareholders of Hynix Semiconductor have again extended the deadline for bids for the 3.2 trillion won ($2.8 billion) stake sale. The creditors-turned-shareholders have
Hynix Creditors extend bid deadline
Since STX pulled out of the bidding for Hynix Semiconductor in mid-September, creditors-turned-shareholders of Hynix decided to allow new bidders to join the sale, but planned to continue
Hynix shareholders continuing sale, allowing new bidders
According to Reuters, despite the fact that there is only one remaining bidder, the shareholders of Hynix Semiconductor said on September 20 that they will be proceeding with
MKE establishes 90 billion won Semiconductor Fund
Korea’s Ministry of Knowledge Economy (MKE), in cooperation with Samsung Electronics and Hynix Semiconductor, has created a 90 billion won Semiconductor Fund. The MKE has received proposals from 9
STX pulls out of Hynix sale
After seven weeks of due diligence, STX Group announced on September 19 that it has decided to withdraw its bid to buy a 15 percent stake in Hynix
Fall in share prices cast shadow over M&As
Local news media Yonhap News has reported on the impact this bear market has had on the nation’s large takeover deals. According to the report, the main Korea
