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On December 10, Sanan Optoelectronics disclosed that its collaborative acquisition with overseas investor Inari Amertron Berhad—involving the purchase of 100% equity in Lumileds Holding B.V. for USD 239 million—has successfully navigated antitrust reviews in both China and Turkey. Additionally, the transaction has obtained clearance from Italy's foreign direct investment review process, signifying a significant milestone in the equity acquisition endeavor. At present, the transaction awaits further approvals, including FDI reviews in the Netherlands and Germany, the U.S. CFIUS (Committee on Foreign Investment in the United States) review, as well as the completion of domestic overseas investment filing or approval procedures within the relevant jurisdictions.
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