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Chinese chip maker Tsinghua Unigroup has signed a deal to acquire French smart chip components maker Linxens from CVC for about €2.2 billion ($2.6 billion). The deal is pending regulatory clearance.
“China’s top state chip manufacturer Tsinghua Unigroup Ltd has signed a deal to acquire French smart chip components maker Linxens for about 2.2 billion euros (US$2.6 billion).”scmp.com
Summarized from public sources; check the original articles before acting on it.