(Bloomberg, London) The British government decided to extend the review of Chinese companies' acquisition of Britain's largest chip factories in the United Kingdom.This means that Britain may restrict or obstruct the acquisition case.
On July 5, 2021, Chinese Enterprise Wentai Technology announced that its wholly -owned subsidiary, Nexperia, has reached an agreement to acquire the Newport WAFER FAB.On August 15 of the same year, Wentai Technology announced that all transfer procedures were completed.
However, a spokesman for the British Ministry of Commerce, Energy and Industry Strategy responded to Bloomberg's inquiry that Minister Kujoju decided to extend the review of the acquisition on Friday night, "What kind of clause should be included in the final command.
The person familiar with the matter said that the government is expected to make a decision within a few weeks, but the extension of the review means that the transaction must be adjusted and may be completely rejected.
The representatives of the Anti Semiconductor do not comment.In an interview with Bloomberg last year, the company refuted its speculation for the Chinese government and control.
The British Conservative Party will choose a new Prime Minister on Monday.At that time, the Prime Minister is expected to appoint the new business minister to make the final decision.
The current British Prime Minister, Johnson, ordered the national security adviser to evaluate the transaction in August last year.A person familiar with the matter said in April that Lovlv's judging acquisition could be advanced, but the government announced on May 25 that the acquisition case was reviewed on May 25.
The stop after signing the acquisition agreement for more than a year highlights Britain's increasing suppression of China's investment.Tellas led by the new Prime Minister has labeled security risks to Chinese technology giants; her opponent Sonak said that China was "the biggest long -term threat to Britain."
