SK Hynix has picked Goldman Sachs and Morgan Stanley to lead a US listing of its Solidigm flash unit that could raise about $10 billion. Bloomberg's reported ceiling of $100 billion asks investors to pay AI-memory prices for a NAND storage business.
Perspective Coverage
3 publishers
- Builder
- Builder 7%
- Operator
- Operator 20%
- Investor
- Investor 73%
Reality
- Evidence55
- Adoption60
- Hype gap+20
- Incentives65
- Confidence55
Life Asset Management says it would welcome Samsung canceling common and preferred shares together
Life Asset Management told Samsung it would welcome canceling common and preferred shares together, with a 15 trillion won buyback nearly used up. The offer answers Samsung's stated worry about fairness to common holders, so the limit on canceling common stock is now a 10% legal cap on its insurers' combined stake.
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+10
- Incentives70
- Confidence50
Five Samsung affiliates turn down 906.6 billion won for S-1 shares worth about 659 billion at market price
Five Samsung affiliates rejected Flashlight Capital Partners' 906.6 billion won bid for their S-1 shares, a price about 37% above market. Directors owe shareholders a duty under Korea's revised Commercial Act, so holding needs a better reason than doubt the deal would close.
Reality
- Evidence52
- Adoption
- Not scored
- Hype gap+10
- Incentives70
- Confidence55
SK hynix investors test whether Korea's duplicate-listing rule can reach a $150 billion Solidigm IPO
SK hynix minority investors are preparing to ask the Korea Exchange whether duplicate-listing rules cover a Solidigm Nasdaq IPO worth up to $150 billion. Since the exchange does not directly review listings abroad, their leverage is the extra payout SK hynix has promised with third-quarter results.
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+25
- Incentives70
- Confidence45
Namyang's counterclaim turns an ex-chairman's 44.4 billion won severance suit into a repayment order
Namyang's shareholders never lawfully approved director pay, the Seoul Central District Court found, so Hong Won-sik has no right to severance after 47 years and must return part of what the company already paid him.
Reality
- Evidence60
- Adoption
- Not scored
- Hype gap+15
- Incentives68
- Confidence55