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WPG's investment in WT Microelectronics may still be on SAMR's radar even though deal has closed

By MLex Staff ( February 14, 2020, 09:02 GMT | Insight) -- WPG’s purchase of a 29.9% stake in rival semiconductor company WT Microelectronics may still be on the radar of China’s competition agency even though WPG announced it had completed the transaction early in February, MLex has learned. WPG's purchase of a 29.9% stake in rival semiconductor company WT Microelectronics may still be on the radar of China's competition agency even though WPG announced it had completed the transaction early in February, MLex has learned.  China's State Administration for Market Regulator, or SAMR, may assign the case to its supervisory law enforcement division, it is understood. The division is in charge of investigating notification failures and supervision of conditionally approved merger cases. ...

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