Hong Kong - SK Hynix To Acquire Intel NAND Memory Business.
Legal News & Analysis - Asia Pacific - Hong Kong - Capital Markets
22 October, 2020
Skadden is advising SK hynix which announced with Intel that they have signed an agreement on Oct. 20, KST, under which SK hynix would acquire Intel's NAND memory and storage business for US $9 billion. For more information, please see the companies' press release.
The Skadden team includes Corporate/M&A partners Mike Ringler (Palo Alto) and Young Shin (Seoul/New York) and associates Peter Jones (Palo Alto) andHyungsoo Kim (Seoul); Intellectual Property and Technology counsel Andrew Woodard (New York); Executive Compensation and Benefits partner Regina Olshan (New York) and counsel Page Griffin (New York); Labor partner David Schwartz (New York); Tax partner Sean Shimamoto (Palo Alto); National Security partner Michael Leiter (Washington, D.C.); and Antitrust/Competition partners Matthew Hendrickson (New York) and Andrew Foster (Hong Kong); Litigation partner Lance Etcheverry (Palo Alto); Real Estate counsel Christy McElhaney (New York); Environmental counsel Henry Eisenberg (Washington, D.C.); and Financial Institutions Regulation and Enforcement counsel Lindsey Randall (Washington, D.C.).