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NXP, Freescale deal in final stage with Mofcom, clearance and remedies expected in coming weeks

By MLex Staff ( November 24, 2015, 05:41 GMT | Insight) -- The regulatory review of the proposed $11.8 billion transaction by Dutch chipmaker NXP Semiconductors to acquire US-based Freescale Semiconductor is in the final stage at China’s top merger regulator,  MLex has learned. The Ministry of Commerce has almost finished its antitrust review and is close to announcing a decision on the transaction, it is understood. A conditional approval is expected within the coming weeks. The regulatory review of the proposed $11.8 billion transaction by Dutch chipmaker NXP Semiconductors to acquire US-based Freescale Semiconductor is in the final stage at China’s top merger regulator,  MLex has learned...

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