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Western Digital’s Acquisition of SanDisk Officially Closes Western Digital’s Acquisition of SanDisk Officially Closes
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Western Digital’s Acquisition of SanDisk Officially Closes
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Old 18th May 2016, 07:58   #1
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Default Western Digital’s Acquisition of SanDisk Officially Closes

Western Digital announced on Tuesday that the Chinese authorities have approved its acquisition of SanDisk. The regulatory approval from China's Ministry of Commerce (MOFCOM) in connection with the planned acquisition completes the regulatory review process required for this buyout. As a result, the transaction officially closed on Thursday. By taking over SanDisk, Western Digital will become one of the world’s largest suppliers of storage devices and solutions, which will be able to address virtually all kinds of storage needs.

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