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APPLIED MATERIALS DROPS MULTI-BILLION DOLLAR PURCHASE OF JAPANESE CHIP-MAKING EQUIPMENT COMPANY KOKUSAI ELECTRIC AFTER APPROVAL DELAYS FROM CHINESE REGULATORS (CHAVI MEHTA/REUTERS)

Applied Materials drops multi-billion dollar purchase of Japanese chip-making equipment company Kokusai Electric after approval delays from Chinese regulators — (Reuters) – Applied Materials has terminated its $2.2-billion deal to buy Japanese peer Kokusai Electric Corp from KKR & Co …

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