Authored by Michael Gu (michaelgu@anjielaw.com) at AnJie Law Firm
Introduction
On 27 November 2015, the Ministry of Commerce (“MOFCOM”) granted clearance to the proposed acquisition of Freescale Semiconductor Inc. (“Freescale”) by NXP Semiconductors N.V. (“NXP”). This is the second conditional clearance case in the 2015 merger review.
NXP is a global semiconductor firm