{"id":5040,"date":"2017-09-28T01:50:18","date_gmt":"2017-09-28T01:50:18","guid":{"rendered":"http:\/\/localhost:8080\/sk-hynix-inc-s-board-approved-a-plan-to-invest-in-toshiba-memory-corporation-2\/"},"modified":"2026-07-29T15:04:38","modified_gmt":"2026-07-29T06:04:38","slug":"sk-hynix-inc-s-board-approved-a-plan-to-invest-in-toshiba-memory-corporation-2","status":"publish","type":"post","link":"https:\/\/news.skhynix.com\/en\/sk-hynix-inc-s-board-approved-a-plan-to-invest-in-toshiba-memory-corporation-2\/","title":{"rendered":"SK hynix Inc.\u2019s Board Approved a Plan to Invest in Toshiba Memory Corporation"},"content":{"rendered":"<p><strong>Seoul, September 28, 2017<\/strong><br \/>\nSK hynix Inc. (or \u2018the Company\u2019, <a class=\"-as-ga\" href=\"http:\/\/www.skhynix.com\" target=\"_blank\" rel=\"noopener noreferrer\" data-ga-category=\"sk-hynix-newsroom\" data-ga-action=\"click\" data-ga-label=\"goto_http:\/\/www.skhynix.com\">www.skhynix.com<\/a>) announced its board of directors yesterday approved its plan to participate in a Bain Capital-led consortium that plans to purchase Toshiba Corporation\u2019s memory chip unit, Toshiba Memory Corporation(or \u2018TMC\u2019). The Company will invest 395 billion yen(4 trillion won) in the consortium\u2019s estimated 2 trillion yen of total investment.<\/p>\n<p>SK hynix is a part of a group of investors led by Bain Capital Private Equity that includes several Japanese and a number of U.S. companies. The Bain-led consortium will hold 49.9 percent stake in TMC, while Toshiba will hold 40.2 percent and Japan\u2019s Hoya Corp. will own 9.9 percent.<\/p>\n<p>SK hynix plans to finance 129 of its total 395 billion yen via convertible bonds that could allow it to take an equity stake of up to 15 percent in the future. The remaining 266 billion yen is to put in a fund established by Bain Capital as a limited partner, which would help the Company enjoy capital gains when the TMC is listed.<\/p>\n<p>The Bain-led consortium including SK hynix will make its best endeavors to finalize the deal by March 2018.<\/p>\n<p>\u00a0<\/p>\n<p><strong>Media Contact<\/strong><br \/>\nSK hynix Inc.<br \/>\nPublic Relations<\/p>\n<p>Assistant Manager<br \/>\nHeeyoung Son<br \/>\nPhone: +82.31.8093.4719<br \/>\nE-Mail: <a class=\"email_link -as-ga\" href=\"mailto:heeyoung.son@sk.com\" data-ga-category=\"sk-hynix-newsroom\" data-ga-action=\"email\" data-ga-label=\"email_mailto:heeyoung.son@sk.com\">heeyoung.son@sk.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seoul, September 28, 2017 SK hynix Inc. (or \u2018the Company\u2019, www.skhynix.com) announced its board of directors yesterday approved its plan to participate in a Bain Capital-led consortium that plans to purchase Toshiba Corporation\u2019s memory chip unit, Toshiba Memory Corporation(or \u2018TMC\u2019). The Company will invest 395 billion yen(4 trillion won) in the consortium\u2019s estimated 2 trillion [\u2026]<\/p>\n","protected":false},"author":23,"featured_media":3393,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_migrated_source_id":1064,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[4],"tags":[367,506],"class_list":["post-5040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press","tag-memory","tag-toshiba"],"acf":[],"_links":{"self":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts\/5040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/comments?post=5040"}],"version-history":[{"count":1,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts\/5040\/revisions"}],"predecessor-version":[{"id":6489,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/posts\/5040\/revisions\/6489"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/media\/3393"}],"wp:attachment":[{"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/media?parent=5040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/categories?post=5040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.skhynix.com\/en\/wp-json\/wp\/v2\/tags?post=5040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}