Items Tagged with 'divesture'


NXP and JAC Capital receive CFIUS clearance

NXP Semiconductors N.V. announced that the company has received clearance on the proposed transaction of the sale of its RF Power business to Jianguang Asset Manangement Co. Ltd. (“JAC Capital”) from the Committee on Foreign Investment in the United States (CFIUS). The divesture of the RF Power business is a condition for NXP’s merger with Freescale Semiconductor.

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