Seagate Completes Investment in Bain Capital Private Equity Acquisition of Toshiba Memory Corporation
01 Giugno 2018 - 2:15PM
Business Wire
Seagate Technology plc (NASDAQ: STX), a world leader in storage
solutions, today announced the Company, along with a consortium of
investors led by Bain Capital Private Equity, completed the
previously announced acquisition of Toshiba Memory Corporation by
K. K. Pangea, a Japanese company formed for purposes of the
Acquisition. The Company funded the investment of approximately
$1.27 Billion by utilizing cash from its balance sheet.
About Seagate
Seagate creates space for the human experience by innovating how
data is stored, shared and used. Learn more at www.seagate.com.
Follow Seagate on Twitter, Facebook, LinkedIn, Spiceworks, YouTube
and subscribe to our blog.
© 2018 Seagate Technology LLC. All rights reserved. Seagate,
Seagate Technology, and the Spiral logo are registered trademarks
of Seagate Technology LLC in the United States and/or other
countries. All other trademarks or registered trademarks are the
property of their respective owners.
Cautionary Note Regarding Forward-Looking
Statements
Some of the statements and assumptions included in this press
release are forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 or Section 21E of the
Securities Exchange Act of 1934, each as amended, including, in
particular, statements about our plans, strategies and prospects,
cash and debt management strategies, demand for our products, our
product offerings, and estimates of industry growth. These
statements identify prospective information and may include words
such as “expects,” “intends,” “plans,” “anticipates,” “believes,”
“estimates,” “predicts,” “projects,” “may,” “will,” or negative of
these words, variations of these words and comparable terminology.
These forward-looking statements are based on information available
to the Company as of the date of this press release and are based
on management’s current views and assumptions. These
forward-looking statements are conditioned upon and also involve a
number of known and unknown risks, uncertainties and other factors
that could cause actual results, performance or events to differ
materially from those anticipated by these forward-looking
statements. Such risks, uncertainties and other factors may be
beyond our control and may pose a risk to our operating and
financial condition. For additional information, please see the
“Risk Factors” section of the Company’s Annual Report on Form 10-K
filed with the U.S. Securities and Exchange Commission on August 4,
2017.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180601005225/en/
Seagate Technology plcAndrew Larg, 408-658-1059Public Relations
Directorandrew.larg@seagate.com
Grafico Azioni Seagate Technology (NASDAQ:STX)
Storico
Da Set 2024 a Ott 2024
Grafico Azioni Seagate Technology (NASDAQ:STX)
Storico
Da Ott 2023 a Ott 2024