CHINA TOPIX

12/22/2024 11:16:12 pm

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Grand Chip Investment GmbH

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.

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