By Reuters | Updated: February 18, 2026
Feb 18 (Reuters) – Flash memory maker Sandisk (SNDK.O) on Wednesday said that Western Digital (WDC.O) 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% to Sandisk’s last close of $590.59 on Tuesday.
Reporting by Rajveer Singh Pardesi in Bengaluru; Editing by Mrigank Dhaniwala
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