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Siltronic takeover almost perfect

The acquisition of the Munich-based semiconductor group Siltronic by its Taiwanese competitor Globalwafers is as good as a done deal. This is reported by the German newspaper FAZ with reference to an interview with Doris Hsu, CEO of Globalwafers. According to Hsu, the sale is still subject to approval by the Chinese State Administration for Market Regulation (SAMR). However, this would only be “a technical procedure,” Hsu said. The German Federal Ministry of Economics and Technology also still has to give its final approval. The Federal Cartel Office had already approved the transaction at the beginning of 2021.

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