A group of Chinese investors has offered €6 per share to buy Aixtron, valuing the German supplier of semiconductor equipment at about €670m.
Aixtron, which makes equipment used in LED lighting, said yesterday that it had agreed to a takeover by Grand Chip Investment, the German arm of Fujian Grand Chip Investment Fund.
The group is controlled by Zhendong Liu, who owns 51 per cent of the fund. Xiamen Bohao Investment owns the remaining 49 per cent.
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