Mergers & Acquisitions Mergers & Acquisitions

Infineon's Cypress buyout wins Chinese approval, subject to conditions (update*)

By Yonnex Li
  • 07 Apr 2020 06:56
  • 07 Apr 2020 06:56

German chipmaker Infineon has won approval in China for a planned $10 billion takeover of US peer Cypress. MLex has learned that the Chinese clearance is subject to conditions.

The State Administration for Market Regulation, or SAMR, approved the acquisition after the companies made certain behavioral commitments, it is understood. SAMR has yet

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