CHINA TOPIX

12/22/2024 10:12:18 pm

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Fujian Aixtron

Fujian Gives up on Aixtron Bid.

China’s Fujian Gives Up on Aixtron Bid After Obama Blocks Deal

China's Fujian Grand Chip Investment Fund has withdrawn from the bidding race to acquire German chip equipment manufacturer Aixtron SE, after outgoing President Barack Obama imposed blockade over the deal last week.

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