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Renesas-Altium deal needs antitrust approval in US, Germany, Australia, Turkey, as well as foreign-investment clearances

By Flavia Fortes ( April 19, 2024, 16:38 GMT | Insight) -- Renesas’ proposed $5.9 billion acquisition of Altium needs approval from antitrust regulators in the US, Germany, Australia and Turkey, according to a document seen by MLex. Additionally, the parties will require foreign investment clearances from the US Committee on Foreign Investment, the German Ministry for FDI and the Australian Foreign Investment Review Board. Renesas’ proposed $5.9 billion acquisition of Altium needs approval from antitrust regulators in the US, Germany, Australia and Turkey, according to a document seen by MLex....

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