SK Hynix's Solidigm selects Goldman, Morgan Stanley to lead $100B US listing
FROM THE WIRE · SEEKINGALPHA.COM
[Businessmen in lower Manhattan] * SK Hynix's (SKHY [https://seekingalpha.com/symbol/SKHY]) Solidigm has reportedly picked lead banks for its US initial public offering next year. * The South Korean firm’s flash memory unit selected Goldman Sachs Group (GS…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishMajor semiconductor IPO with significant impact for investment banks and tech sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Solidigm, SK Hynix's flash memory unit, selected Goldman Sachs and Morgan Stanley as lead underwriters for US IPO.
- 02The offering could raise about $10 billion and potentially materialize by 2027.
- 03JPMorgan Chase, Citigroup, and UBS selected to join the underwriting syndicate.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
The Goldman Sachs Group, Inc.887.21 USDMarket closedtoday -1.11%Positive Morgan Stanley189.71 USDMarket closedtoday -0.69%Positive JPMorgan Chase & Co.329.58 USDMarket closedtoday -0.51%Positive Citigroup Inc.127.29 USDMarket closedtoday -0.96%Positive UBS Group AG47.42 USDMarket closedtoday -2.17%Positive SK hynix Inc.178.25 USDMarket closedtoday -2.36%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets