German Ministry of Economics Withdraws Clearance Certificate of Aixtron\'s Takeover by Grand Chip In

2016-10-25
German Federal Ministry of Economics and Energy has withdrawn the apporval of Fujian Grand Chip Investment Fund's takeover of Aixtron on October 24. (Photo Courtesy of Aixtron)

AIXTRON SE, one of the world’s leading providers of deposition equipment to the semiconductor industry, announced today that the German Federal Ministry of Economics and Energy has withdrawn vis-à-vis Fujian Grand Chip Investment Fund LP, as indirect shareholder of Grand Chip Investment GmbH, its Clearance Certificate (Unbedenklichkeitsbescheinigung) issued on September 8, 2016 and announced a reopening of review proceedings in connection with the takeover offer by Grand Chip Investment GmbH.

AIXTRON SE was informed about such decision in the late evening of October 21, 2016.

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