United States of America: CFIUS clears the purchase of INTEL’s NAND business by a South Korean chipmaker for $9 billion

Announcement

12 Mar 2021

In March 2021, CFIUS cleared the purchase of INTEL’s NAND business for $9 billion by South Korean SK hynix Inc.

Source

Number of interventions

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

12 Mar 2021

Revocation date:

No revocation date

Updated: 12 Mar 2021

FDI: Entry and ownership rule In force

<p>On 12 March 2021, SK hynix Inc announced that the Committee on Foreign Investment in the United States “CFIUS” approved the proposed acquisition of Intel’s NAND ...

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