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German government clears acquisition of shares in TSMC semiconductor factory by Bosch, Infineon and NXP

On November 7, the Bundeskartellamt (German cartel office) cleared plans by Bosch, Infineon, and NXP to each acquire 10% of the shares in European Semiconductor Manufacturing Company (ESMC), a company established by Taiwan Semiconductor Manufacturing Company (TSMC).
ESMC intends to build and operate another large sem....

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