AIXTRON SE (FSE: AIXA, AIXC; NASDAQ: AIXG), one of the world’s leading providers of deposition equipment to the semiconductor industry, announced today that Grand Chip Investment GmbH (GCI) declared today that the voluntary public takeover offer for the acquisition of all shares, including all shares represented by ADSs, of AIXTRON SE (AIXTRON) by GCI published on July 29, 2016 has lapsed due to the non-fulfillment of an offer condition.
According to the announcement of GCI, the offer condition of the clearance of the transaction by the Committee on Foreign Investment in the United States (CFIUS) or the U.S. President laid out in Section 4.2.2 (ii) of the offer document has not been fulfilled as a consequence of the order of the President of the United States dated December 2, 2016 prohibiting the acquisition of the U.S. business of AIXTRON by the Chinese bidder.
Hence, the public takeover process initiated by GCI has come to end in a way that it cannot be consummated any more.
The announcement of GCI can be downloaded from the website of the German Federal Gazette, Bundesanzeiger (www.bundesanzeiger.de).
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