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Aixtron Acquisition

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

China Incensed After Obama Blocks Aixtron Takeover Deal

Charissa Echavez   | Dec 06, 2016 11:24 AM EST

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

Charissa Echavez   | Dec 02, 2016 12:49 AM EST

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.

Aixtron Acquisition Deal.

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

Girish Shetti   | Nov 19, 2016 12:58 PM EST

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.

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