Western Digital talks to merge with Kioxia stall - sources - NewsBreak

(Reuters) - Western Digital Corp's talks to merge with Japanese chipmaker and partner Kioxia Holdings Corp have stalled over the last few weeks, two people familiar with the matter told Reuters on Thursday. The talks reached a standstill over concerns about the valuation, approval from the Japanese government and an ongoing strategic review at Kioxia shareholder Toshiba Corp, the sources said.