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China’s Fujian drops Aixtron bid after Obama blocks deal | Reuters

By Maria Sheahan | FRANKFURT FRANKFURT China's Fujian Grand Chip Investment Fund has dropped its takeover bid for chip equipment maker Aixtron after the United States blocked the deal on security..
Firstpost Also reported by •SeekingAlphaNewsmaxReutersReuters IndiaSify

Fujian drops Aixtron offer after US blocks deal

Bid failure highlights protectionist backlash against Chinese investment in tech groups
FT.com Also reported by •SeekingAlphaNewsmaxReutersReuters IndiaSify

Videos for aixtron

News video: Why Obama Blocked Chinese Chip Deal

Why Obama Blocked Chinese Chip Deal 02:23

Dec.04 -- U.S. President Barack Obama appeared to block a Chinese company from buying Germany’s Aixtron SE, marking only the third time in more than a quarter century that the White House has..
Source: Bloomberg Global Business -

News video: Aixtron Drops as Obama Said to Block Chinese Takeover

Aixtron Drops as Obama Said to Block Chinese Takeover 04:01

Dec.02 -- U.S. President Barack Obama is poised to block a Chinese company from buying Aixtron SE in Germany, people familiar with the matter said, marking only the third time in a quarter century that..
Source: Bloomberg Global Business -

News video: Obama Set to Prevent Aixtron From Being Acquired by China-Based Company

Obama Set to Prevent Aixtron From Being Acquired by China-Based Company 00:37

President Obama is set to prevent a China-based company from purchasing German semiconductor company Aixtron, according to a report from Bloomberg. The deal is worth $711 million. At issue is Aixtron's..
Source: The Street -

 

Fujian says offer for Aixtron has lapsed

FRANKFURT (Reuters) - China's Fujian Grand Chip Investment Fund has dropped its offer for German chip equipment maker Aixtron after U.S. President Barack Obama stopped the takeover.
Reuters

Aixtron purchase sans U.S. business observed


SeekingAlpha

Aixtron deal: China criticises US decision

China has criticised a US decision to block a Chinese company's purchase of semiconductor equipment maker Aixtron, saying business shouldn't be politicised
Oneindia

US blocks Chinese purchase of German tech firm Aixtron

The White House added a fresh roadblock to Fujian Grand Chip's attempt to buy the semiconductor maker. The Obama administration cited worries about military technology being acquired from Aixtron's..
Deutsche Welle

UPDATE 1-Aixtron could revive takeover despite U.S. block - analysts

* Aixtron signals deal may still be possible (Rewrites throughout, adds analyst comment)
Reuters

European Stocks Soar, US Futures, Euro Jump After Failed Italian Referendum

european stocks soar, us futures, euro jump after failed italian referendum
Blink, and you missed the "sell off" from Italy's failed referendum vote. In the initial hours after yesterday's vote which has cost Italy's PM his job and ushered in a period of political limbo and..
Zero Hedge

China appeals to US to stop disrupting acquisitions

A foreign ministry spokesman, Lu Kang, said Monday the proposed purchase of Aixtron SE by China's Fujian Grand Chip was "pure market behavior."
SeattlePI.com Also reported by •Seattle Times

China upset as Obama bars Fujian buying Aixtron's U.S. business

BEIJING (Reuters) - China's Foreign Ministry expressed displeasure on Monday after President Barack Obama blocked a Chinese investment fund from acquiring the U.S. business of German semiconductor..
Reuters India Also reported by •Reuters

Protectionist Sentiments Swell between China, West

protectionist sentiments swell between china, west
A Chinese company’s pending purchase of German chip equipment maker Aixtron SE was blocked by President Obama on the basis of national security concerns Dec. 2. The move underscores growing..
Epoch Times


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