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National security: London blocks takeover of electronics company by Chinese buyer
Aggregated Source: ChinaTechNews.com

This decision aims in particular to curb Chinese investments in a technology potentially usable for military purposes.

London announced that it had blocked the acquisition of Pulsic, a British company specializing in the design of electronic circuits, by a Hong Kong-based company, Super Orange HK, citing “a national security risk“, According to a decision published Wednesday at the end of the day.

National security: London blocks takeover of electronics company by Chinese buyer comes via ChinaTechNews.com.

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