Wingtech to acquire Dutch chipmaker Nexperia for $2.7B

Chinese company Wingtech Technology Co. announced it will pay 18.5 billion yuan ($2.7 billion) to buy and consolidate stakes in Dutch chipmaker Nexperia.

“Wingtech Technology Co. said Oct. 25 it’s paying 18.5 billion yuan ($2.7 billion) to buy and consolidate a plethora of stakes in Nexperia.”news.bloomberglaw.com

• 1 source
• news.bloomberglaw.comObscure Chinese Firm Wingtech to Buy Dutch Chipmaker NexperiaEdwin ChanOct 25, 2018

Summarized from public sources; check the original articles before acting on it.