Mergers & Acquisitions Mergers & Acquisitions

Applied Materials, Kokusai Electric deal cleared without conditions in South Korea

By Choi Hyung-jo
  • 19 Feb 2020 21:49
  • 19 Feb 2020 22:49
The proposed merger between Applied Materials and Kokusai Electric has been cleared by the South Korean competition regulator without conditions, MLex has learned.

It is understood that the Korea Fair Trade Commission, or KFTC, cleared the acquisition of Tokyo-based Kokusai Electric by California-based semiconductor-equipment supplier Applied Materials in November last year.

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