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Will the Cypress-Infineon Deal Face Regulatory Hurdles?

Sneha Nahata
Will the Cypress-Infineon Deal Face Regulatory Hurdles?

Infineon Technologies is set to buy US-based chip maker Cypress Semiconductor (CY) for $10 billion. The deal is expected to close by the end of 2019 or early 2020 if it receives approval from both the US and China. Both companies’ boards have already approved the acquisition.