Global Trade Alert
Global Trade Alert

China: Market regulation authority witholds approval for US firm Applied Materials' acquisition of Kokusai Electric

Announcement

29 Mar 2021

In March 2021, the purchase of Kokusai Electric by a US firm was not concluded due to inaction by the responsible Chinese government authority.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Mar 2021

Revocation date:

No revocation date

Updated: 29 Mar 2021
FDI: Entry and ownership rule In force

On 29 March 2021, a press release from Applied Materials, Inc., a US-based manufacturer of integrated circuits, confirmed that an acquisition deal for Kokusai Electric Co. Ltd had fallen through du...

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