CHINA TOPIX

11/02/2024 09:31:14 am

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Aixtron

Chinese firms spent a record $45.6 billion on acquiring foreign firms the last year.

Chinese Firms Opt for Insurance Against Foreign Deals Veto : Report

China witnessed sharp increase in its overseas investment in 2016. The Chinese firms spent a record $45.6 billion on acquiring foreign firms the last year. The surge in the acquisition volume led to resistance from foreign countries, leading to the breakdown of some very prominent deals.

Chinese investments

Chinese Overseas Investments Grew 40% in 2016

China reported a record increase in its overseas investments in 2016. Chinese firms raised their investment spending across the globe with special emphasis on technology-related acquisitions and advanced manufacturing operations.

China pleaded the US government to stop throwing suspicions and hampering deals.

China Incensed After Obama Blocks Aixtron Takeover Deal

China urged the US to stop interfering foreign corporate merger and acquisitions, after outgoing US President Barack Obama blocked the sale of Germany's Aixtron SE to China's Grand Chip Investment GmbH because it reportedly poses national security risks.

US President Barack Obama is poised to block China's takeover deal of Germany's Aixtron, according to Bloomberg.

Obama Set to Block China's Takeover Deal of Aixtron: Bloomberg

US President Barack Obama will reportedly block China's Grand Chip Investment GmbH from acquiring Germany's Aixtron SE, sources with knowledge about the matter told Bloomberg.

The country aims to stem the flow of domestic capital to overseas.

China Seeks to Impose ‘Strict Controls’ on Foreign Investments by Chinese Firms

China is looking to control the foreign investments made by Chinese companies. The country aims to stem the flow of domestic capital to overseas. It is expected that a series of measures in this regard will be announced soon.

Aixtron Acquisition Deal.

German Chipmaker Aixtron Says U.S. Opposes Chinese Takeover Deal on Security Grounds

German chipmaker Aixtron's pending acquisition by China's Fujian Grand Chip Investment Fund (FGC) seems to have hit a minor roadblock. The German chipmaker said that it had received a recommendation from the Committee on Foreign Investment in the United States (CFIUS) to block the proposed takeover deal.

China, Germany, Aixtron

China warns Germany over Aixtron approval issue

China has urged Germany to take a fair stand over Chinese acquisitions in Germany. Chinese buying spree for German firms, especially in the hi-tech sector have raised concerns in Germany, pushing government to take protectionist measures. The issue has been heightened by recent withdrawal of approval for Aixtron deal.

German politicians are becoming more vocal about China’s increased business activities in the country.

Germany steps up offensive against China’s market influence

German politicians are becoming more vocal about China's increased business activities in the country creating a market influence.

German authorities recently announced the withdrawal of its approval for Chinese takeover of German firm Aixtron.

U.S. ‘Warned’ Germany on Aixtron Acquisition by Firm from China

US intelligence services are believed to be behind Germany's decision to re-examine the Aixtron deal with a firm from China.

The German regulators have decided to reopen a review related to the takeover of Aixtron by a consortium of Chinese investors.

Germany Withdraws Approval for Aixtron Takeover by Chinese Group

The German regulators have decided to reopen a review related to the takeover of Aixtron by a consortium of Chinese investors.

Chinese company Fujian Grand Chip Investment Fund makes a takeover offer for Germany's Aixtron.

China's Fujian Grand Chip to Takeover German Chip Maker Aixtron

China's Fujian Grand Chip Investment Fund (FGC) has made a takeover offer to the German semiconductor equipment maker Aixtron for 4.92 trillion yuan ($752 million), the two firms announced on Monday.

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