ON has received the US FTC’s blessing to proceed with its $2.4 billion takeover of Fairchild on condition that it sells off the Ignition IGBT business. The FTC came to the view that the combined company would have a 60% plus market share of the IGBT market if the takeover went ahead without the disposal. ...
Read full article: ON Cleared To Buy Fairchild
from Electronics Weekly http://www.electronicsweekly.com/news/business/cleared-buy-fairchild-2016-08/
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