Wentai's Control of Nexperia Remains Restricted Following Dutch Court Ruling

GateNews
According to the company's announcement, *ST Wentai's control over subsidiary Nexperia (安世半导体) remains restricted as of now. Although a ministerial order from the Dutch Ministry of Economic Affairs and Climate Policy was suspended, a ruling by the Amsterdam Court of Appeal's business tribunal remains in effect. Additionally, the company's controlling shareholder's shares are currently subject to judicial freezing, and the company is investigating the case details.
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