Western Digital to sell $3.17 billion stake in Sandisk
Sandisk CorporationSandisk Corporation(US:SNDK) Reuters·2026-02-18 06:22

Core Viewpoint - Western Digital is set to sell a stake worth $3.17 billion in Sandisk, indicating a strategic move in the flash memory market [1]. Group 1: Transaction Details - Western Digital will sell over 5.8 million shares of Sandisk at a price of $545 each [1]. - The offering price represents a discount of approximately 7.7% compared to Sandisk's last closing price of $590.59 [1].