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No Deal: Renesas Terminates Proposed $249 Million Acquisition of Sequans

No Deal: Renesas Terminates Proposed $249 Million Acquisition of Sequans

Company cites adverse tax rulings in Japan as reason…

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Kevin Dennehy
Mar 01, 2024
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Location Business News
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No Deal: Renesas Terminates Proposed $249 Million Acquisition of Sequans
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Japan-based Renesas Electronics has cancelled its proposed $249 million acquisition of IoT module manufacturer Sequans Communications SQNS 0.00%↑.  Renesas said that under the terms of the previously announced …

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