Western Digital to sell $3.17 billion stake in Sandisk

Advertisement Business Western Digital to sell $3.17 billion stake in Sandisk FILE PHOTO: The Sandisk Corporation logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, May 4, 2015. REUTERS/Jim Young/File Photo SanDisk's portable solid state drives are displayed at the SanDisk booth during the 2015 Computex exhibition at the TWTC Nangang exhibition hall in Taipei, Taiwan, June 2, 2015. REUTERS/Pichi Chuang/File Photo 18 Feb 2026 02:21PM (Updated: 18 Feb 2026 02:25PM) Bookmark Bookmark Share WhatsApp Telegram Facebook Twitter Email LinkedIn Set CNA as your preferred source on Google Add CNA as a trusted source to help Google better understand and surface our content in search results. Read a summary of this article on FAST. Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST Feb 18 : Flash memory maker Sandisk on Wednesday said that Western Digital will sell a stake worth $3.17 billion in the company.Western Digital, which makes hard disk drives, will sell over 5.8 million shares of Sandisk at $545 each, Sandisk said.The offering is at a discount of about 7.7 per cent to Sandisk's last close of $590.59 on Tuesday. Source: Reuters Newsletter Week in Review Subscribe to our Chief Editor’s Week in Review Our chief editor shares analysis and picks of the week's biggest news every Saturday. Sign up for our newsletters Get our pick of top stories and thought-provoking articles in your inbox Subscribe here Get the CNA app Stay updated with notifications for breaking news and our best stories Download here Get WhatsApp alerts Join our channel for the top reads for the day on your preferred chat app Join here Advertisement Also worth reading Content is loading... Advertisement Expand to read the full story Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST