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EC approves NXP sale of Standards Products business

Thursday 13 October 2016 | 19:47 CET | News
The European Commission (EC) has approved the sale of NXP Semiconductor's Standard Products business (Nexperia) to a consortium of financial investors made up of Beijing Jianguang Asset Management (JAC Capital) and Wise Road Capital. The consortium will buy the business for USD 2.75 billion.

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Categories: General
Companies: European Commission
Countries: World
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