Announced
SK Hynix to acquire Key Foundry for $492m.
Financials
Transaction Value£354m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Electronic Components and Equipment
Domestic
Private
Single Bidder
chip manufacturing
Acquisition
Pending
South Korea
Friendly
Majority
Synopsis
SK Hynix, a semiconductor producer, agreed to acquire Key Foundry, a chip contract manufacturer, for $492m. SK Hynix said the acquisition is expected to double its current 8-inch foundry capacity. It already has a chip contract manufacturing unit, SK Hynix System IC.
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