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Private equity firms eye Newport Wafer Fab as UK may block Chinese owner

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Private equity firms eyeing up computer chip maker Newport Wafer Fab amid speculation UK will block its sale to Chinese-controlled firm

By Daily Mail City & Finance Reporter

Published: 21:50 BST, 4 September 2022 | Updated: 21:50 BST, 4 September 2022

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Private equity firms are eyeing up Welsh computer chip maker Newport Wafer Fab amid speculation the UK will block its sale to a Chinese-controlled firm. 

London-based Palladian Investment Partners is said to be considering a swoop if Nexperia, a Dutch firm owned by Chinese group Wintech, is forced to sell Newport, after buying it last year, the Sunday Times reported. 

Probe: The Government is investigating Newport Wafer Fab’s takeover on security grounds, with a deadline for the decision set for October 5

The Government is investigating the takeover on security grounds, with a deadline for the decision set for October 5. 

Another firm thought to be interested is Irish tech investor Atlantic Bridge.

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