PETALING JAYA: Inari Amertron Bhd
has terminated its proposed joint acquisition of Lumileds Holding BV after failing to secure regulatory approval from US authorities on national security concerns.
In a Bursa Malaysia filing, Inari stated the decision was made jointly with its partner, Sanan Optoelectronics Co. Ltd, following intervention by the Committee on Foreign Investment in the United States (CFIUS).
