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Court-appointed administrators to sound out investors for Nexperia stake amid Wingtech feud

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Summary

The two court-appointed administrators overseeing Nexperia said on Thursday they would sound out investors on a majority or minority stake in the Dutch chipmaker, a week after its Chinese owner Wingtech rejected their proposal to hand control of its operations outside China to foreign investors. “We have decided to assess market interest in possible long-term solutions for Nexperia,” Guido Dierick and Arnold Croiset van Uchelen said in a statement. “No decision has currently been taken to reduce...

Description from South China Morning Post.

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  1. South China Morning Post Leans right Factuality: High HK
    Court-appointed administrators to sound out investors for Nexperia stake amid Wingtech feud

    The two court-appointed administrators overseeing Nexperia said on Thursday they would sound out investors on a majority or minority stake in the Dutch chipmaker, a week after its Chinese owner Wingtech rejected their proposal to hand control of its operations outside China...

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