ON Semiconductor announces receipt of approval for acquisition of Fairchild Semiconductor

Industry:    2016-08-28

ON Semiconductor Corp

* ON Semiconductor announces receipt of regulatory approval for acquisition of Fairchild Semiconductor

* FTC-required that on semiconductor dispose of its planar insulated gate bipolar transistor business

* No manufacturing assets to be transferred by coin connection with divestiture of ignition IGBT unit or sale of TVS, thyristor units

* U.S. FTC terminated Hart-Scott-Rodino waiting period applicable to co’s proposed acquisition of Fairchild Semiconductor International Source text for Eikon: Further company coverage:

 


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