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SK Hynix’s Memory Division Reportedly Picks Banks For Its US IPO Next Year
Stocktwits ·
Stocktwits reports: Solidigm, the flash memory division of South Korea’s SK Hynix Inc.(SKHY), has selected lead banks for a planned initial public offering in the United States. The California-headquartered firm has chosen Goldman Sachs Group Inc. and Morgan Stanley to head the transaction, Bloomberg reported citing sources familiar with the matter. The two financial institutions are also assisting Solidigm in structuring a pre-IPO investment round. In addition to the lead underwriters,…