SanDisk Corporation announced a $1 billion equity investment in Taiwanese NAND flash manufacturer Nanya Technology, acquiring approximately 139 million shares that represent about 3.9 % of Nanya’s fully diluted equity. The shares were purchased at a 15 % discount to Nanya’s 30‑day average price and are subject to a three‑year lock‑up. The transaction also includes a multi‑year DRAM supply arrangement, giving SanDisk a dual‑channel partnership for both NAND and DRAM.
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