Obama Poised to Block Chinese Takeover of Germany’s Aixtron

Updated on
  • Aixtron rejection would be second China deal stopped by Obama
  • Defense contractor Northrop Grumman among Aixtron customers

Aixtron Drops as Obama Said to Block Chinese Takeover

U.S. President Barack Obama is poised to block a Chinese company from buying Aixtron SE in Germany, people familiar with the matter said, marking only the third time in a quarter century that the White House has rejected an overseas buyer as a national security risk.

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