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Apollo, Elliot Investment inject $900m into Western Digital
The storage giant said it will utilise the cash to up its game against rivals in the data centre field.
By João Marques Lima
Founder and Editor, The Tech Capital
4 Mins
February 02, 2023 | 12:04 AM GMT
David Goeckeler, CEO, Western Digital. Source: WD
Western Digital (NASDAQ: WDC) has announced a $900 million capital injection from Apollo Global Management and Elliott Investment Management L.P. through the sale of convertible preferred stock.
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João Marques Lima
Founder and Editor, The Tech Capital
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