A PYMNTS Company

China: Semiconductor merger remains gamble for investors

By  |  June 18, 2013

A $3.8 billion buyout of MStar Semiconductor Inc. by MediaTek Inc. has yet to be cleared by Chinese antitrust authorities nearly one year since the two first inked a deal. According to reports, investors who still expect the deal to be cleared by regulators have the most to gain, as MediaTek’s purchase could be at the largest discount of any merger over $500 million currently waiting approval in Asia. MStar currently trades 15 percent below MediaTek’s original bid. The Chinese Ministry of Commerce has delayed a final ruling on the deal for the third time on Monday. Semiconductor market expert Mark Li told reporters that he expects the deal to reach approval.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Bloomberg

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.