Global Trade Alert
Global Trade Alert

Australia: Treasury approved the acquisition of Altium Limited by a Japanese company

Announcement

25 Jun 2024

In June 2024, the Australian government approved the acquisition of Altium Limited by the Japanese company, Renesas Electronics Corporation.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

25 Jun 2024

Revocation date:

No revocation date

Updated: 25 Jun 2024
FDI: Entry and ownership rule In force

On 25 June 2024, the Australian government approved the acquisition of Australian company, Altium Limited by Japanese-based Renesas Electronics Corporation. The decision was taken by the Treasurer ...

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