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SK Hynix Wins Unconditional EU Approval to Buy Intel’s NAND Unit

By: Olivia 2021-05-21 13:18 (UTC+0)

 SK Hynix Inc. won unconditional European Union approval for its $9B bid for Intel Corp.’s NAND memory 

unit. 

* European Commission comments in press release 

* The commission “concluded that the proposed acquisition would raise no competition concerns given the limited horizontal overlaps and the limited effects resulting from vertical relationships between the companies” .