The Traderszone Network

Published in TZ Latest News 25 November, 2015 by The TZ Newswire Staff

NXP wins U.S. antitrust approval to buy Freescale Semiconductor

NXP Semiconductors N.V. has won U.S. antitrust approval to buy Freescale Semiconductor Ltd, a deal worth $11.8 billion, on condition that it sell its radio frequency power business, the Federal Trade Commission said on Wednesday. European Union antitrust regulators approved the deal in September with the same condition.