Renesas receives final regulatory approval for acquisition of IDT

Renesas Electronics Corporation and Integrated Device Technology (IDT) announced that CFIUS approval has been received, the last regulatory authorization needed. The acquisition is expected to close on March 29, 2019 PDT / March 30, 2019 JST.

“The approval by CFIUS was the last outstanding regulatory authorization required to complete the transaction.”prnewswire.com

• 9 sources
• prnewswire.comRenesas and IDT Announce Final Regulatory Approval for Renesas' Proposed Acquisition of IDTIntegrated Device Technology, Inc.Mar 22, 2019
• convergedigest.comRenesas’ acquisition of IDT expected to close this week - Converge DigestEditorial responsibilityMar 24, 2019
• tradepractitioner.comCFIUS Clearance: Renesas Electronics and Integrated Device Technology | The Trade PractitionerTrade PractitionerMar 29, 2019
• sec.govEX-99.1Mar 30, 2019
• bisinfotech.comRenesas Electronics Completes IDT AcquisitionJyoti GazmerMar 30, 2019

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