BERLIN: Aixtron SE was left with a narrow path to salvage its sale to Chinese investors after US President Barack Obama limited his opposition to the semiconductor-equipment supplier’s US assets.
While Obama upheld a recommendation by the Committee on Foreign Investment in the US that the sale to Grand Chip Investment GmbH should be stopped, he appeared to link his decision to the US business. That means Aixtron, based in Herzogenrath, Germany, could sell the US unit or modify its legal structure to convince regulators, Equinet analyst Victoria Kruchevska said yesterday.