ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business deals

China hurdle threatens Applied Materials' bid for Kokusai Electric

No green light from regulators by Friday would mean a $154m termination fee for KKR

NEW YORK -- Applied Materials' $3.5 billion acquisition of Kokusai Electric from investment firm KKR has failed to receive approval from Chinese regulators, jeopardizing the deal as its final deadline nears, the major U.S. chipmaking equipment supplier warned Monday.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more