CHINA TOPIX

05/05/2024 03:00:22 pm

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Aixtron China

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China's Fujian Grand Chip Investment Fund has withdrawn from the bidding race to acquire German chip equipment manufacturer Aixtron SE, after outgoing President Barack Obama imposed blockade over the deal last week.

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