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Published • Dalian, China • Updated

Baker McKenzie Advises Intel Corporation in USD 9 Billion Divestiture

Summary by Legal Desire
Baker McKenzie acted as lead counsel to Intel Corporation (Intel) in the second and final closing of the sale of its solid-state drive and NAND memory business to SK hynix Inc. (SK hynix) in an all-cash transaction valued at an aggregate of approximately USD 9 billion. The closing marks the end of a transaction that was initially signed on October 19, 2020 and structured to close in two stages. On December 29, 2021, the first stage of the transa…
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Legal DesireLegal Desire

Baker McKenzie Advises Intel Corporation in USD 9 Billion Divestiture

Baker McKenzie acted as lead counsel to Intel Corporation (Intel) in the second and final closing of the sale of its solid-state drive and NAND memory business to SK hynix Inc. (SK hynix) in an all-cash transaction valued at an aggregate of approximately USD 9 billion. The closing marks the end of a transaction that was initially signed on October 19, 2020 and structured to close in two stages. On December 29, 2021, the first stage of the transa…

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Legal Desire broke the news in on Friday, April 4, 2025.
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