Posted on 10 May 2015. Tags: antitrust, Applied, concerns, Electron, Materials, Scraps, Takeover, Tokyo
Applied Materials scraps Tokyo Electron takeover on US antitrust concerns TOKYO U.S.-based Applied Materials Inc (AMAT.O) on Monday scrapped its $ 10 billion planned takeover of chip-making gear rival Tokyo Electron Ltd (8035.T) after the deal, a rare foreign bid for a Japanese firm, fell foul of U.S. anti-trust regulators.
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