Ad
Ad
Ad
© Aixtron Electronics Production | December 05, 2016

Obama blocks GCI's acquisition of Aixtron

The president of the United States has issued an order – on December 2, 2016 – prohibiting the acquisition of the U.S. business of German Aixtron SE by Chinese Grand Chip Investment GmbH (GCI).
The order – which also prohibits an acquisition by GCI’s parent companies and their partners, directly or indirectly – defines the U.S. business of Aixtron to include Aixtron, Inc.

The presidential order was limited to the U.S. business and did not prohibit the acquisition of Aixtron shares and ADSs by GCI.

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Ad
Ad
Load more news
June 22 2017 9:19 AM V8.5.4-1