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General

Chinese regulator approves Cavium takeover by Marvell

Thursday 28 June 2018 | 13:58 CET | News
Marvell said that China's State Administration for Market Regulation has approved the company's proposed USD 6 billion for Cavium. The news comes after the Committee on Foreign Investment in the US (CFIUS) said the merger presented no unresolved national security measures. The transaction is still subject to customary closing conditions. Marvell expects it to close in July.

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Categories: General
Countries: World
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