US EditionBaker McKenzie Advises Intel Corporation in USD 9 Billion Divestiture
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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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