Simply Credit Help – Debt and Bad Credit Improvement Advice
chip-equipment

Aixtron, Fujian to explore what is left of deal after U.S. veto

December 4, 2016 by · Leave a Comment 

German semiconductor equipment maker Aixtron will explore with its Chinese suitor what can be salvaged of the planned takeover after a U.S. presidential order ruled the deal posed a national security risk, the company said on Saturday. U.S. President Barack Obama blocked China's Fujian Grand Chip Investment Fund (FGC) from acquiring Aixtron's U.S. business, the Treasury Department said on Friday. “The bidder and Aixtron are evaluating the …

See the original post:
Aixtron, Fujian to explore what is left of deal after U.S. veto