Skadden-Led Dutch Chips Maker To Buy $625M Car Tech Co.

By Dawood Fakhir ( January 8, 2025, 3:42 PM GMT) — Car chips maker NXP Semiconductors NV has agreed to acquire Austrian automotive technology company TTTech Auto in an all-cash transaction for $625 million to strengthen its automotive business, in a deal guided by Skadden Arps Slate Meagher & Flom LLP….

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