Western Digital buys SanDisk

The Ministry of Commerce of China has approved the acquisition of SanDisk by Western Digital.

The transaction is expected to close on 12 May, after SanDisk stockholders voted to approve the transaction on 15 March.

“We are pleased that the final regulatory approval has been received and we can now proceed with the planned combination with Western Digital,” said Sanjay Mehrotra, SanDisk president and CEO.

“We thank our stakeholders for their support of this transaction and look forward to contributing to the success of Western Digital as it transforms into the leading storage solutions company.”

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