Germany: Germany: Prohibition of acquisition of Elmos by Silex
Progress
Current status
adopted
09 Nov 2022 adopted
Scope
Implementers
Germany
Policy Area
Foreign direct investment
Policy Instrument
MNE: Entry and ownership rule
Regulated Economic Activity
semiconductors
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Issued prohibition of aquisition of Elmos by Silex
On 9 November 2022, the German Federal Cabinet issued a prohibition in the investment screening procedure concerning the acquisition by Silex, a Swedish subsidiary of Chinese group Sai Microelectronics, of chip factory Elmos. The prohibition has bee…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central government