China's Fujian Grand Chip offers $751m for Aixtron
Fujian Grand Chip Investment Fund (FGC), an investment vehicle controlled by Chinese entrepreneur Zhendong Liu, has offered to buy German semiconductor equipment maker Aixtron for EUR670 million ($751 million).
Under the offer, made through FGC's German branch Grand Chip Investment, the fund will offer EUR6 per share for the 112 million outstanding shares in Aixtron. The offer price represents a premium to the...
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